Which of the Following Statements Best Describes the Mailbox Rule

question 42

Multiple Choice

Which of the following statements best describes the mailbox rule?

• A) Unless otherwise agreed, an acceptance is effective when it is sent if it is sent correctly.
• B) If no time is specified in the offer, then the law will impose a reasonable time based on the circumstances.
• C) A change in the offer by offeree will only be considered a counteroffer if the offeree intends it to be so.
• D) If an offer is made but before it can be accepted the subject matter of the offer becomes illegal, the offer is terminated.

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Definitions:

Installed Version

The specific iteration of a software program currently set up and operational on a computer or device.

Word Processing Program

A software application used to create, edit, format, and print text documents.

Temporary Storage

Memory or space in a computer or device used for storing data temporarily during processing tasks.