Examlex
Which of the following accounts has a normal credit balance?
Counteroffer
A new offer, the proposal of which rejects and terminates the offer available until then.
Unconditional Acceptance
An agreement to the terms of an offer without imposing any additional conditions or limitations.
Postbox Rule
A principle in contract law stating that an offer is considered accepted at the moment the acceptance is sent, not when it is received by the offeror.
Simon Fraser University
A public research university located in British Columbia, Canada, known for its comprehensive academic and research programs.
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