Which of the Following Is True Regarding Acceptance

question 61

Multiple Choice

Which of the following is true regarding acceptance?

• A) In the absence of a provision in an offer regarding how acceptance is to be made,acceptance is effective upon dispatch into a mailbox.
• B) Acceptance is never effective until it is received.
• C) An offeror may not by law specify that an offer can be accepted only by facsimile to a stated fax number and that the acceptance is not effective until actually received.
• D) An offeror may revoke an offer as long as the revocation is made before an acceptance is received.

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Definitions:

Equilibrium

A state of balance or stability within a system, where competing forces or influences are equal and no changes occur without external influence.

Organizational Resistance

The opposition or pushback by members within an organization against changes or new initiatives.

Interorganizational Agreements

Interorganizational agreements are formal contracts or partnerships between different entities to pursue shared objectives or projects.

Organization Design

The process of structuring an organization's roles, responsibilities, and systems to achieve its goals and strategy efficiently.