If an Offeree Dispatches Both an Acceptance and a Rejection

question 34

Multiple Choice

If an offeree dispatches both an acceptance and a rejection to an offer:

• A)the acceptance is effective as soon as it is dispatched and a contract is created.
• B)the rejection is effective as soon as it is dispatched and no contract can be created.
• C)neither the acceptance nor the rejection is effective and another response must be issued.
• D)whichever response reaches the offeror first will determine whether a contract is created.

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Definitions:

Intellectual Intelligence (IQ)

A measure of a person's cognitive abilities, including problem-solving, reasoning, and understanding complex ideas.

Empirical Research

The collection and analysis of data through observation or experiment to test hypotheses or theories.

Bench Strength

The depth of competence and readiness of employees to fill new or vacated positions within an organization.

Demographic Changes

Alterations in the statistical characteristics of populations over time, such as age, race, gender, or income distribution, which can impact societal structures and organizational strategies.