Exam 12: Agreement in Traditional and E-Contracts

Orb, Inc., does business online around the globe. The United Nations Convention on the Use of Electronic Communications in International Contracts and other international agreements improve global commercial certainty by

A forum-selection clause specifies that any contract dispute will be settled in a particular jurisdiction.

Megan gives out a business card with an e-mail address on it. It is reasonable to infer that Megan has consented to

An acceptance must be unequivocal.​

Nevin negotiates a deal for the sale of twenty-five acres of farmland to Otis. Nevin promises to hold the offer open in return for a small payment but does not state an exact period of time. With respect to this offer

An offer terminates automatically when the time specified in the offer has passed.

Pacific Charter Company offers to provide an air-conditioned bus to Quincy's tour group for $1,500 plus the cost of the fuel. The mailbox rule applies if Quincy accepts the offer by

An offeror's subjective intent determines the effectiveness of an offer.

An offer may invite an acceptance to be worded in specific terms but that cannot make the contract definite.

If no time for acceptance is specified in an offer, the offer terminates after a reasonable length of time.

An effective offer requires reasonably definite terms.

Revocation is effective on dispatch.