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

Question

Quizplus · Accepted Answer

A contract is said to be formed at the place where the acceptance becomes effective. This could vary depending on the mode of communication used by the parties to communicate acceptance. For example, if acceptance is communicated via mail, it is considered effective when it is posted or dropped into a mailbox, not when it is received by the offeror.

Where Is a Contract Said to Be Formed