The Intent to Accept Is Objectively Demonstrated by Words or Conduct

question 73

True/False

The intent to accept is objectively demonstrated by words or conduct or a combination of the two.

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Definitions:

Statute of Frauds

A legal principle requiring certain types of contracts to be in writing and signed by the parties involved to be legally enforceable.

Statutory Novation

The replacement of an obligation to perform under a contract with a new obligation or party, as recognized by statute.

Effective Assignment

A transfer or allocation that fully accomplishes its intended purpose, often relating to tasks, responsibilities, or legal rights.

Statutorily Assigned

Designated or assigned by law or statute in a formal manner.