A Conditional Acceptance

question 90

Multiple Choice

A conditional acceptance:

• A) generally accepts the original offer, but provides a way to later avoid contractual obligations.
• B) is a common type of counteroffer.
• C) operates as a rejection and not a new offer.
• D) cannot exist because an acceptance is, by definition, an act that manifests the offeree's willingness to enter into a contract on the terms of the offer.

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Definitions:

Deceptive Pricing

A misleading pricing strategy where the true price of a product is not clearly displayed or hidden behind misleading information.

Federal Trade Commission Act

A United States federal law established in 1914 to prevent unfair competition, deceptive acts, and to regulate antitrust.

Clayton Antitrust Act

A piece of legislation passed in the United States in 1914 aimed at preventing anti-competitive practices in their incipiency, specifically addressing issues of price discrimination, exclusive dealing agreements, and mergers and acquisitions that could potentially lead to monopolies.

Wheeler-Lea Act

An amendment to the Federal Trade Commission Act in the United States, focusing on protecting consumers from deceptive and unfair business practices.