If Communication of an Offer Occurs After the Act of Acceptance

question 140

Multiple Choice

If communication of an offer occurs after the act of acceptance:

• A) a proper acceptance can take place
• B) a delayed acceptance takes place
• C) a proper acceptance did not take place
• D) the offeror must behave as though a proper acceptance took place if the offeree insists
• E) the court system will decided whether proper acceptance can take place after the fact

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Definitions:

Work Less Hard

A reduction in the effort or intensity with which an individual or group engages in their tasks or duties.

Risky Decisions

Choices made under conditions of uncertainty, where outcomes can include significant losses or gains.

Destination Contract

A shipping agreement where the seller is obligated to deliver goods to a specific destination, with the seller bearing risk and cost until delivery.

Risk Of Loss

The potential for an asset to decrease in value or for an investment to lose money.