Which of the Following Is True of an Acceptance of an Offer

question 139

Multiple Choice

Which of the following is true of an acceptance of an offer in contract law?

• A) Once an offer is made, the offeree can accept or reject it.
• B) An acceptance must be unequivocal.
• C) An acceptance must be made on a timely basis.
• D) An acceptance can be revoked.
• E) An acceptance must be unequivocal, must be made on a timely basis, and can be revoked.

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Definitions:

New Cereal Brand

A brand introduced in the market that offers a new variety of cereal products.

Masked Branding

A marketing strategy where the brand's direct connection to the product is minimized or hidden to appeal to a different market segment.

Similar Way

A manner or approach that bears resemblance or adherence to another process or method.

Competitor's Brand

The brand or product that competes directly with another company's offerings in the market.