An Acceptance That Materially Changes a Term in the Offer

question 1

True/False

An acceptance that materially changes a term in the offer will still be considered an acceptance.

---

Definitions:

Stagflation

A situation in the economy where inflation and unemployment rates are high simultaneously, leading to slow economic growth.

Deflation

A decrease in the general price level of goods and services, often indicative of a reduction in the money supply or demand.

Japanese Industrialists

Business leaders and entrepreneurs in Japan who played a significant role in the industrialization and economic growth of the country.

World War II

A global conflict that lasted from 1939 to 1945, involving most of the world's nations and marked by significant events and battles across Europe, Asia, and other regions.