A Subsidiary Contract Creating an Obligation to Hold an Offer

question 86

Short Answer

A subsidiary contract creating an obligation to hold an offer open for acceptance until the expiration of a specified time is known as ________.

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Definitions:

Dred Scott V. Sanford

An 1857 U.S. Supreme Court decision that ruled African Americans were not U.S. citizens and that Congress had no authority to prohibit slavery in federal territories, exacerbating sectional tensions that led to the Civil War.

Republican Plan

A strategy or proposal put forward by members of the Republican Party (USA) aimed at addressing political, economic, or social issues.

Supreme Court Decision

A ruling made by the Supreme Court of the United States, serving as the final interpretation of constitutional and legal issues.

Know-Nothings

A political movement in the United States during the 1850s that opposed immigrants and Catholics, advocating for strict immigration laws.