Agreement to a Contract Requires an Offer by the Offeror

question 35

True/False

Agreement to a contract requires an offer by the offeror and an acceptance of the offer by the offeree.

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Definitions:

Realistic

Pertaining to the accurate representation of life and the world; practical and feasible.

Decline Stage

A phase in the lifecycle of a product, business, or industry where growth slows, enters downturn, or diminishes.

Deceleration

A decrease in the speed or rate of an activity or process; slowing down.

Vocational Activity

Activities related to acquiring job skills or engaging in a profession, often involving formal education and training.