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An agency arrangement: Select one: a. Is governed by the Agency Act 2010 b. Involves a principal, an agent and a third party c. Involves a project officer, an agent and a judge d. Must be registered with a court

An agent? Select one: a. Can accept payment from another party b. Can do more than a principal could have done when contracting c. None of these answers is correct d. Can do anything that a principal can do when contracting

If a seller makes an invitation to treat, then the customers reply is? Select one: a. A counter offer b. An offer c. An acceptance d. An invitation to treat

An agency arrangement: Select one: a. Is governed by the Agency Act 2010 b. Involves a principal, an agent and a third party c. Involves a project officer, an agent and a judge d. Must be registered with a court An agent? Select one: a. Can accept payment from another party b. Can do more than a principal could have done when contracting c. None of these answers is correct d. Can do anything that a principal can do when contracting If a seller makes an invitation to treat, then the customers reply is? Select one: a. A counter offer b. An offer c. An acceptance d. An invitation to treat When interpreting the law from a case, the most important part of a court made decision is the? Select one: a. Ratio decadent b. Ratio decidendi c. Ratio decided d. Obiter dicta An offeree is? Select one: a. The person who can reject the offer b. The person who can make a counter offer c. All of the above d. The person who can accept the offer The effect of a counter offer is? Select one: a. To provide the offeree with time to think about whether they will accept the offer b. To allow the offeror to keep their original offer open c. To accept the original offer d. To terminate the original offer

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