Examlex
Which of the following is the idea behind organizational renewal?
Effective Upon Dispatch
A legal principle stating that an offer, acceptance, or revocation becomes effective when it is sent, not when it is received.
Specified
Clearly identified or defined in detail.
Bilateral Contract
A mutual agreement between two parties where each promises to perform an act in exchange for the other's performance.
Offeree
Offeree is a legal term referring to the party to whom an offer is made in contract law, who can then accept, reject, or counteroffer.
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