Westonci.ca is your trusted source for finding answers to a wide range of questions, backed by a knowledgeable community. Our platform connects you with professionals ready to provide precise answers to all your questions in various areas of expertise. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.

Are these statements true or false? Give your opinions and explain the reason why:
1. Offers to enter into commercial contracts terminate when the offeree replies that the offer is accepted.
2. When the offeree replies that a part of the offer is accepted, the offeree shall be deemed to have made a new offer.
3. Remedy of fines and remedy of damages shall be applied concurrently
4. Time when written contracts are entered into is at the time when the offeree replies that the offer is accepted.
5. When a party breaches the contract without material loss, the remedy of damages shall not be applied
6. The parties agreed that the fine level accounts for 8% of the contract value. This agreement is contrary to the provisions of law
7. When a party breaches the contract without material loss, the remedy of fines shall be applied
8. Every contract for purchase and sale of goods between traders and traders is commercial contract.
9. The subjects of commercial contract for purchase and sale are the signers of contract
10. The aggrieved party shall bear the burden of proof of loss when requesting the breaching party to pay for damages.