Which of the Following Statements Is True About the Acceptance

question 90

Multiple Choice

Which of the following statements is true about the acceptance of an offer?

• A) Bilateral contracts are predominantly accepted by the offeree performing the act.
• B) Unilateral contracts are accepted by making a promise.
• C) The language of an offer is optional in determining the nature of contract and its acceptance.
• D) Counteroffer usually means an acceptance of an offer.
• E) Acceptance must follow the mirror image rule to create a binding contract.

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Definitions:

Pay Judgment

A legal obligation to pay the amount of money awarded by a court in a lawsuit.

Discovery of Document

A legal process during litigation where parties are required to exchange documents relevant to the case.

Discovery Process

The pre-trial phase in a lawsuit where each party can request information and evidence from the other side to prepare for the case.

Limitation Period

The time period specified by law within which a lawsuit must be filed or a certain action taken to enforce a right.