When an Offeree Is Not Aware of the Insanity of the Offeror

question 11

True/False

When an offeree is not aware of the insanity of the offeror and communicates assent to an offer, it is considered accepted.

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Definitions:

Liabilities

Financial obligations or debts that a company owes to outside parties, which must be settled over time through the transfer of economic benefits.