Tim Mails an Offer to Brian on June 15

question 54

Multiple Choice

Tim mails an offer to Brian on June 15. Brian receives the offer on June 16. Tim mails a revocation of the offer on June 17. Brian mails a letter of acceptance on June 18. Brian receives the revocation on June 19. Tim receives the letter of acceptance on June 20. Was a contract formed?

• A) Yes, on June 16.
• B) Yes, on June 18.
• C) Yes, on June 20.
• D) No, the offer was revoked before acceptance.

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Definitions:

Illegal Contract

is an agreement between parties that is not enforceable by law due to its involvement in illegal activities or its terms violating legal statutes.

Performance Rendered

The execution or completion of a task, duty, or performance as agreed upon in a contract or expected in an obligation.

Restraint Of Trade

Any contract or combination that tends to eliminate or reduce competition, effect a monopoly, artificially maintain prices, or otherwise hamper the course of trade and commerce as it would be carried on if left to the control of natural economic forces.

Federal Statutes

Laws enacted by the national government of the United States that apply across the country.