The first requirement for an effective offer is a serious intent on the part of the offeror.
Correct Answer:
Verified
Q2: An essential element for contract formation is
Q3: An offer made in obvious anger is
Q4: Revocation is effective on dispatch.
Q5: An offer does not need to be
Q6: In most cases, an offeror can revoke
Q8: An invitation to negotiate-"can you afford this?"-is
Q9: An offeror's subjective intent determines the effectiveness
Q10: An expression of opinion-"this is excellent"-is an
Q11: A statement of future intent-"I plan to
Q12: One necessary element for an effective offer
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