Under the Mailbox Rule,the Acceptance of an Offer Is Effective

question 42

Multiple Choice

Under the mailbox rule,the acceptance of an offer is effective at the time the acceptance is dispatched unless:

• A)both the offeror and offeree are merchants.
• B)the offer proposes a sale of real estate.
• C)the acceptance is not in the authorized mode of communication.
• D)the acceptance is lost or never reaches the offeror.

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Definitions:

Rate Of Output

The speed at which goods or services are produced or delivered by an organization, often measured in units per time period.

Demand Forecasts

Predictions about future demand for a product or service based on historical data, trends, and analysis of market conditions.