An Offeree May Accept an Offer Within a Reasonable Time

question 38

Multiple Choice

An offeree may accept an offer within a reasonable time and by any reasonable means of communication if the:

• A) parties are dealing over the telephone.
• B) offeror suggests a method or a place of communication in the offer.
• C) written offer is lost in transit.
• D) offer merely suggests a method or place of communication.

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Definitions:

Online Advertising

The practice of using internet platforms to deliver promotional marketing messages to consumers, including methods like display ads, search engine marketing, and social media ads.

Auction Pricing

A dynamic pricing strategy where the final sale price of a product or service is determined through competitive bidding.

Out-of-date Items

Products that have surpassed their expiration date, become obsolete, or fallen out of fashion, reducing their desirability or value.

Online Sold

Refers to products or services that are marketed and sold through the internet.