What Is the Term for "A Manifestation of Assent to the Terms

question 37

Multiple Choice

What is the term for "a manifestation of assent to the terms made by the offeree"?

• A) The Offer
• B) The Acceptance
• C) The Consideration
• D) Revocation

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Definitions:

Actual Authority

Authority given to an agent expressly or by implication.

Estoppel

An equitable remedy that stops a party from trying to establish a position or deny something that, if allowed, would create an injustice.

Ratification

The action of officially approving or confirming an agreement or act, making it valid.

Apparent Authority

Authority as suggested to a third party by the conduct of a principal; may exist even when there is no actual authority.