Examlex

Solved

According to the Uniform Commercial Code and the Restatement Second

question 12

True/False

According to the Uniform Commercial Code and the Restatement Second, an offeror who remains silent impliedly authorizes the offeree to accept by any reasonable means of communication.


Definitions:

Human Life

The existence, characteristics, and experience of being a person; often considered with respect to the moral, social, and philosophical aspects.

Cost-Benefit Analysis

An economic evaluation method that compares the costs and benefits of a project or decision to determine its feasibility or compare alternatives.

Free-Rider Problem

A situation in economics where individuals consume more than their fair share of a public resource, or shoulder less of the cost of its provision, leading to underproduction or depletion of the resource.

Aristotle

An ancient Greek philosopher and scientist, one of the greatest intellectual figures of Western history.

Related Questions