Asked by cassie wilson on May 12, 2024
Verified
Why does traditional contract law view any kind of an attempt by offerees to change terms as constituting a counteroffer?
A) A material change to an original offer is disfavored by traditional contract law.
B) It changes the degree of the offeror's interest to contract.
C) Such an action implies a rejection of the offer by the offeree.
D) It puts the offeree in a dominant position,which is contrary to traditional contract laws.
Traditional Contract Law
The body of law governing agreements between parties, requiring elements such as offer, acceptance, consideration, and mutual consent for enforceability.
Counteroffer
A proposal made in response to an offer, which effectively rejects the original offer and proposes new terms for an agreement.
- Acquire insight into the legal consequences of material modifications in the acceptance period under conventional contract law and the Uniform Commercial Code.
Verified Answer
MD
Markiel DavisMay 13, 2024
Final Answer :
C
Explanation :
The traditional contract law rule is that an acceptance must be the mirror image of the offer.Attempts by offerees to change the terms of the offer or to add new terms to it are treated as counteroffers because they impliedly indicate an intent by the offeree to reject the offer instead of being bound by its terms.
Learning Objectives
- Acquire insight into the legal consequences of material modifications in the acceptance period under conventional contract law and the Uniform Commercial Code.
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