Which of the following statements is TRUE?
A)If no time limit is set an offer expires within a reasonable amount of time
B)A failure to reject an offer is in law an acceptance.
C)Merely clicking on the "I accept" button of an offer made by computer is binding acceptance.
D)Once the offeree has made a decision to accept an offer, there is a binding contract.
E)An oral acceptance is valid in an agreement to purchase real estate

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is TRUE?
A)If no time limit is set an offer expires within a reasonable amount of time
B)A failure to reject an offer is in law an acceptance.
C)Merely clicking on the "I accept" button of an offer made by computer is binding acceptance.
D)Once the offeree has made a decision to accept an offer, there is a binding contract.
E)An oral acceptance is valid in an agreement to purchase real estate

Which of the Following Statements Is TRUE