In Common-Law Contracts,the Acceptance Must Be An)_____ of the Offer

question 33

Multiple Choice

In common-law contracts,the acceptance must be an) _____ of the offer to constitute valid acceptance.

• A)counteroffer
• B)consideration
• C)equivocal and absolute acceptance requirement
• D)mirror image
• E)option contract

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Definitions:

Import Quota

A government-imposed limit on the quantity of a particular good that can be imported into a country.

French Wines

Wines produced in France, known globally for their quality, variety, and the specific regions in which they are produced, like Bordeaux, Champagne, and Burgundy.

American Wine

Wine produced in the United States, known for its diverse varieties and production regions like Napa and Sonoma.

Import Quota

A governmental policy that sets a physical limit on the quantity of a specific good that can be imported into a country over a given time period.