The Way Parties Usually Show Mutual Assent Is By

question 69

Multiple Choice

The way parties usually show mutual assent is by:

• A) an offer by words or conduct and an acceptance by words or conduct.
• B) a proposal in words and an acceptance in words.
• C) an act exchanged for an act.
• D) an offer and a counteroffer.

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Definitions:

Tort Reformer

An advocate or part of a movement aimed at changing the laws governing civil wrongs to reduce litigation or limit damages.

Insurance Crisis

An Insurance Crisis occurs when insurance coverage becomes difficult to obtain, often due to a high demand and low supply, leading to increased premiums and restrictive terms.

Recover Damages

The act of obtaining compensation through legal means for loss or injury.

Licensee

An individual or entity that has been granted permission to engage in an activity or to use property owned by another, typically through a licensing agreement.