What is the term for "a manifestation of assent to the terms made by the offeree"?
A) The Offer
B) The Acceptance
C) The Consideration
Ian Kendler makes Brian Hyson an offer for a plot of land.In the offer,Kendler stipulates that the acceptance of the offer must be sent by registered mail but Hyson mails his acceptance through the regular postal service.Which of the following is true? Assume that the Restatement (Second)of Contracts does not apply.
A) There is no acceptance and no contract.
B) A contract was formed at the time Hyson dispatched the letter.
C) A contract was formed at the time Kendler received the letter.
D) The acceptance is invalid because the contract does not relate to sale of goods.
Which party to contract negotiations is the master of the offer and can specify what behavior is necessary to constitute a valid acceptance?
A) The Offeror
B) The Offeree
C) The Secretary of State
D) The court
In general,the mailbox rule is beneficial to:
A) the offeror.
B) the offeree.
C) the courts.
D) third-party beneficiaries.