Which of the Following Is True of Intent to Form

question 41

Multiple Choice

Which of the following is true of intent to form a contract?

• A) Intent Is not a required element of an offer or acceptance to form a contract.
• B) Intent is determined based on the specific motivations of the offeror or offeree, including hidden motivations.
• C) Intent is assessed by considering proof of an offeree or offeror's internal thought process.
• D) Intent is a required element of an offer or acceptance only if a contract is a contract for the sale of goods.
• E) An offeror must show intent to be bound by the offeree's acceptance.

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Definitions:

Organisation

An entity comprising multiple people, such as a corporation or government, structured to achieve a collective goal or set of objectives.

Manager

An individual responsible for controlling or administering an organization or group of staff, making decisions on planning, organizing, leading, and controlling.

Management Functions

The basic roles that managers perform in an organization, traditionally classified as planning, organizing, leading, and controlling.

Managerial Roles

Specific categories of managerial behavior including interpersonal, informational, and decisional roles.