Under the UCC,when Is an Acceptance Effective

question 48

Multiple Choice

Under the UCC,when is an acceptance effective?

• A) When dispatched.
• B) When received.
• C) When received only if acceptance by electronic means is made, otherwise on dispatch.
• D) When dispatched only if the U.S. mail is used, otherwise on receipt.
• E) When dispatched only when the telephone is used, otherwise on receipt.

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Definitions:

Contractual Rights

The specific entitlements and obligations that are established within a contract, allowing the parties involved to enforce the terms legally.

Obligor

A party who is legally bound to fulfill an obligation or debt to another party, known as the obligee.

Personal Service

Personal service refers to tasks or assistance provided directly to an individual, often implying customization and direct interaction.

Contractual Obligations

Contractual obligations are the duties that parties are legally bound to perform or avoid under the terms of a contract.