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Generally,an Offeror Can Specify the Manner in Which He/she Wants

question 12

True/False

Generally,an offeror can specify the manner in which he/she wants his/her offer to be accepted.


Definitions:

Traditional Contract Rules

The conventional principles and laws applied in the formation, interpretation, and enforcement of contracts.

Internet Transactions

Commercial or financial transactions conducted electronically on the internet.

Acceptance

The act of agreeing to the terms of an offer, thereby forming a contract.

Offer

A tentative promise to do something if another party consents to do what the first party requests.

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