Where is a contract said to be formed?
A)at the place where the offer is made
B)at the place where the acceptance is dropped into a mailbox
C)at the place where the offer is revoked
D)at the place where the parties do business
E)at the place when the acceptance becomes effective

Question

Quizplus · Accepted Answer

A contract is said to be formed at the place where the acceptance becomes effective, which may vary depending on the mode of communication used for acceptance. For example, if acceptance is made by mail, the contract is formed at the time and place when the acceptance is posted, not when it is received.

Where Is a Contract Said to Be Formed