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Deloitte Deloitte CO5119 Revision QuestionsElements of contract are Offer; Acceptance; Consideration; Intention to be bound; Mutuality; Capacity; and Legality.TrueFalseAdvertisements and circulars are examples of:An offerAn acceptanceAn invitation to treatPuffThe rules of acceptance are that:Acceptance generally must be communicated to be effective.Such communications may be by words or actions.Silence cannot be stipulated as the required means.