Solved

Which of the Following Is True Regarding Acceptance

Question 32

Multiple Choice
Which of the following is true regarding acceptance?
A) In the absence of a provision in an offer regarding how acceptance is to be made, acceptance is effective upon dispatch into a mailbox.
B) Acceptance is never effective until it is received.
C) An offeror may not by law specify that an offer can be accepted only by facsimile to a stated fax number and that the acceptance is not effective until actually received.
D) An offeror may revoke an offer so long as the revocation is made before an acceptance is received.

Which of the following is true regarding acceptance?


A) In the absence of a provision in an offer regarding how acceptance is to be made, acceptance is effective upon dispatch into a mailbox.
B) Acceptance is never effective until it is received.
C) An offeror may not by law specify that an offer can be accepted only by facsimile to a stated fax number and that the acceptance is not effective until actually received.
D) An offeror may revoke an offer so long as the revocation is made before an acceptance is received.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents