When may acceptance be deemed counteroffer

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Reference no: EM132286409

AGREEMENT IN TRADITIONAL AND E-CONTRACTS

1. What are the three essential elements necessary for an offer to be effective?

2. As to expressions of opinions, statements of future intent, preliminary negotiations, and advertisements, what are they considered in regards to the legal area of an offer?

3. Distinguish an auction with reserve from an auction without reserve.

4. In regards to agreements to agree, distinguish the past from the modern view.

5. In what three ways may an offer be terminated?

6. Explain what an option contract is and how it is used.

7. Give some examples of an offer may be terminated by operation of law.

8. When may an acceptance be deemed a counteroffer?

9. As to an acceptance, how is silence usually treated and are there any exceptions to the general rule?

10. Distinguish the difference in communication of an acceptance for a unilateral contract from an acceptance of a bilateral contract.

11. What is the mailbox rule? When does it apply and when does it not apply?

12. As to an e-contract, explain what are better terms to use sometimes in many online transactions rather than buyer and seller?

13. In this chapter on e-contracts, what provisions are suggested to be placed in an online offer?

14. As to online contracts, of what importance are the following:

-- Forum-selection clause

-- Choice of law clause

15. Identify the following terms:

-- Click-on agreement

-- Shrink-wrap agreement

-- E-signatures

-- Partnering Agreements

16. What is the primary purpose of the Uniform Electronic Transactions Act and what is its scope?

17. What is the Federal E-Sign Act?

18. When is an electronic record considered received?

Reference no: EM132286409

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