Which of the Following Statements About the Objective Theory of Contracts

question 52

Multiple Choice

Which of the following statements about the objective theory of contracts is false?

• A)The objective standard looks to the offeror's words,acts,and the circumstances signifying about his intent.
• B)If a reasonable person familiar with the circumstances would be justified in believing that the offeror intended to contract,the intent requirement is satisfied.
• C)The objective standard is often unpredictable and creates inconsistent results.
• D)A court could find that intent existed even if the offeror says that he did not intend to contract.

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Definitions:

Parent-Country National

An employee who is a citizen of the country in which the employing organization's headquarters is located, working in a branch or subsidiary in another country.

Third-Country National

An individual who is working in a country that is neither their home country nor the country of the company's headquarters to which they are assigned.

International Organization

An organization that sets up one or a few facilities in one or a few foreign countries.

Production Costs

The total expenses incurred in the process of creating a product or service, including materials, labor, and overhead costs.