Which of the Following Acceptances Is Allowed for an Offer

question 40

Multiple Choice

Which of the following acceptances is allowed for an offer under common law?

• A)mirror image rule acceptance
• B)open term acceptance
• C)accommodation
• D)additional terms acceptance

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Definitions:

Land Conveyed

Refers to the process of transferring ownership of real estate from one party to another through a legal document such as a deed.

Estate Conveyed

The process of transferring property ownership, typically through a legal deed, from one party to another.

Consideration

Something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Restrictive Covenants

Clauses within a contract that limit the actions of the parties, commonly used in employment and real estate agreements to restrict competition or usage.