When the Offeror Insists That the Offeree Accept the Offer

question 5

Multiple Choice

When the offeror insists that the offeree accept the offer by telephone, the offeree:

• A)Can accept the offer in any way.
• B)Can accept the offer by telephone or by any other means of instantaneous communication.
• C)Must accept the offer by telephone.
• D)Can accept by post according to the postal rule.

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Definitions:

Voidable

Refers to a legal agreement or transaction that is valid and enforceable, but can be annulled or terminated by one or more of the parties involved due to certain defects or circumstances.

Contract

A legally binding agreement between two or more parties that creates mutual obligations enforceable by law.

UCC Contract

A contract regulated under the Uniform Commercial Code, which governs commercial transactions in the United States.

Terms

Conditions and stipulations outlined in a contract or agreement, specifying the rights and obligations of the parties involved.