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:

Product Liability

A legal concept that holds manufacturers, wholesalers, distributors, and retailers accountable for any injuries products cause.

Inspect and Test

The process of examining and evaluating a product or system to ensure it meets specific standards or criteria.

Purchased Components

Components or parts bought from external suppliers for use in the manufacturing process of a product.

Strictly Liable

Strict liability refers to the legal responsibility for damages or injury, even if the person found strictly liable was not at fault or negligent.