JEOPARDYBusiness Law
Chapter 7 Review Game
Select a Category
Creation of Offers
Termination of Offers Acceptance
100 100 100
200 200 200
300 300 300
400 400 400
500 500 500
600 600 600
700 700 700
Final Jeopardy
Creation of Offers
Advertisements are considered this,
rather than an offer to contract.
100 Check
Creation of Offers
invitations
100 Back to Category Slide
Creation of Offers
Breaking a date is called this, rather than a
contract and does not create legal obligations.
200 Check
Creation of Offers
Social arrangements or agreements
200 Back to Category Slide
Creation of Offers
The ability, according to law, to understand his/her actions and the effect of those
actions is called this.300 Check
Creation of Offers
capacity
300 Back to Category Slide
Creation of Offers
The objective legal test used by jurors
used to prove serious intention to contract.
400 Check
Creation of Offers
Test of the reasonable person
400 Back to Category Slide
Creation of OffersReceiving a service or
making a payment, which are things of
legal value, satisfies this contractual requirement?
500 Check
Creation of Offers
Consideration
500 Back to Category Slide
Creation of Offers
How is price of goods determined if it is not
specified in a contract between
merchants.600 Check
Creation of Offers
Current market price
600 Back to Category Slide
Creation of OffersA contract requiement that means it cannot
be based on deception, important mistakes, or unfair
pressure.700 Check
Creation of Offers
Genuine Assent
700 Back to Category Slide
Termination of Offers
Death or ________ eliminates control and
thus, terminates an offer.
100 Check
Termination of Offers
Insanity
1 point Back to Category Slide
Termination of Offers
What is the term that means the offeror withdraws an offer
before it is accepted.
200 Check
Termination of Offers
Revocation
200 Back to Category Slide
Termination of Offers
If the offeree changes the offeror’s term in
important ways, the offer ends and what
results?
300 Check
Termination of Offers
Counteroffer
300 Back to Category Slide
Termination of Offers
An offeree gives the the offeror something of value in return for
a promise to keep the offer open.
400 Check
Termination of Offers
Option
400 Back to Category Slide
Termination of Offers
The code makes firm offers binding for the
time stated.
500 Check
Termination of Offers
UCCUniform Commercial
Code
500 Back to Category Slide
Termination of Offers
An unaccepted offer my be terminated by
a counter offer, rejection, revocation, time stated, or __?__.600 Check
Termination of Offers
Reasonable length of time
600 Back to Category Slide
Termination of Offers
A merchant cannot revoke this type of
offer; it does not end with death or insanity.
700 Check
Termination of Offers
Firm Offer
700 Back to Category Slide
Acceptance
The only person that can accept an offer in a bilateral contract.
100 Check
Acceptance
Offeree
100 Back to Category Slide
Acceptance
Acceptance must match this.
200 Check
Acceptance
Offer
200 Back to Category Slide
Acceptance
When the terms of acceptance must
exactly match the terms in the offer.
300 Check
Acceptance
Mirror image rule
300 Back to Category Slide
Acceptance
In this type of contract, the offeror requires that
the offeree indicate acceptance by
performing stated obligation.
400 Check
Acceptance
Unilateral
400 Back to Category Slide
Acceptance
A mailed acceptance becomes effective when
this occurs.
500 Check
Acceptance
It is mailed
500 Back to Category Slide
Acceptance
Special type of acceptance used
between two parties that have a continuing
relationship.
600 Check
Acceptance
Silence
600 Back to Category Slide
Acceptance
What contract requirement is not
present with a contract to kill someone?
700 Check
Acceptance
Legality
Back to Category Slide700
Final JeopardyName 4 of the 6 essential elements of contracts.
Congratulations!
You have completed the
game of Jeopardy.