Question

Which of the following will not terminate an offer?

Select one:

a.
The subject of the contract becomes illegal.

b.
Death f the offeror or offeree.

c. An Option Contract.

d.
destruction of the subject matter.

Under the Objective Theory of Contacts, the Reasonable Person

Select one:

a.
May determine the existence of a contract if there is a dispute.

b.
May determine the terms of a contract if there is a dispute.

c. Both of the above.

d. Neither of the above.

The time and manner of acceptance must be

Select one:

a. Within 4 years of the Statute of Limitations.

b. Within the time specified by a judge.

c.
Within a resonable time.

Answer 1

Option "d" is correct i.e destruction of the subject matter.

Destruction of Subject Matterrefers where  An offer terminates automatically if the subject matter of the contract (goods, property) is destroyed prior to acceptance

option "c" is correct i.e. Both of the above

reasonable people here refer that may determine the Existence and terms even if there is a dispute

Option "c" is correct i.e Within a reasonable time

acceptance should be in reasonable time i.e office hours

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