Instructions: Identify the Following Terms

question 104

Short Answer

Instructions: Identify the following terms.
Devi

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Definitions:

Online Transactions

Financial exchanges or the buying and selling of goods and services conducted over the internet.

Postbox Rule

A principle that a mailed acceptance is effective when and where it is dropped into a mailbox.

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.