Business Law Quiz Summer 2026 Question Paper

Daffodil International University Faculty of Business and Entrepreneurship Department of Business Administration Program: BBA Semester: Summer 2026 Time: Course Code: 0421-215 Sections: 68 B Examination: Quiz 1 Full Marks: 5 Course Title: Business Law Teacher’s Name: NTH 1. State what is meant by: (a) Invitation to treat, (b) Standing / open / continuing offer, (c) Counter ‑ offer. Give one example for each. (CLO 1, Level I) 2. Identify the difference between a void agreement and an illegal agreement. Why are all illegal agreements void, but not all void agreements illegal? Use practical examples to illustrate. (CLO 2, Level II) 3.Yasin, aged 15, enters into an agreement with a shop to buy an expensive gaming console on instalments purely for entertainment. After taking the console, he refuses to pay, saying he is a minor. Apply the rules on capacity to contract to answer whether the shop can enforce the agreement against Yasin. Would your answer be different if the laptop was a basic device necessary for his online classes and examinations? (CLO 3, Level III) 4. “Silence is not acceptance, but in commercial practice silence combined with conduct can sometimes amount to acceptance.” Analyze this statement in light of the Contract Act 1872. In your answer, examine the main exceptions where silence plus conduct may be treated as valid acceptance. Discuss whether recognising these exceptions promotes fairness and efficiency in business dealings or creates uncertainty. (CLO 4, Level IV)