Which of the Following Is True Regarding the Approach Taken

question 12

Multiple Choice

Which of the following is true regarding the approach taken by the UCC toward the proper means of acceptance and the implications of using it or not using it?

• A) If the offer authorizes a certain means of acceptance,the offeree must use that means or else there is no acceptance.
• B) If the offer authorizes a certain means of acceptance and the offeree uses another means,a contract is formed,but never before the offeror receives the acceptance.
• C) Where the offer stipulates a certain means of acceptance,any reasonable means of acceptance will create a contract.
• D) The UCC does not change the traditional rule that,where the offer stipulates a certain means of acceptance,the offeree must use that means or there is no contract.

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Definitions:

Settlement

An agreement reached between parties in a dispute, typically without admission of guilt or fault, to resolve the matter without further legal action.

Debt

Money owed by one party to another under the condition that it will be paid back, often with interest.

Statute Law

Written laws enacted by a legislative body, governing various aspects of societal conduct.

Lesser Sum

Refers to an amount of money that is smaller in comparison to another figure or expectation.