When an Offeree Dies Before Accepting an Offer, the Offer

question 21

True/False

When an offeree dies before accepting an offer, the offer does not lapse because the deceased's personal representative can accept an offer on behalf of a deceased person.

Apply knowledge of logical consequences to specific behavioral situations.

Define and explain the importance of self-regulation in children.

Analyze the potential dangers associated with demanding obedience from children.

Understand and apply guidelines for disciplining young children effectively.

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Definitions:

Bilateral

Pertaining to or involving two sides, parties, or countries, often used in the context of agreements or contracts that require obligations from both parties.

Unilateral

A mistake that is the result of an error by one party about a material fact, that is, a fact that is important in the context of the particular contract.

Offeror

An entity or person who puts forth a proposal or bid for a contract, indicating a willingness to enter into an agreement under specified terms.

Consideration

Something of value (such as money, services, or goods) that is exchanged between parties in a contract, making the agreement legally binding.