Asked by Savannah Young Kelsey on Jun 15, 2024
Verified
Acceptance of an offer to lease goods can be made by any means reasonable under the circumstances, including a prompt shipment of the goods.
Acceptance Of Offer
An agreement to the terms of an offer, resulting in a binding contract between the parties involved.
Reasonable Means
Methods or actions that are considered fair, sensible, and appropriate under particular circumstances.
- Identify the approach of the Uniform Commercial Code towards the establishment of contracts, focusing on offer, acceptance, and consideration.
Verified Answer
HS
Herschell Shaka MomoduJun 21, 2024
Final Answer :
True
Explanation :
Under the Uniform Commercial Code (UCC), acceptance of an offer to lease goods can indeed be made by any reasonable means under the circumstances, which includes actions such as the prompt shipment of the goods. This reflects the UCC's flexible approach to the formation of contracts, aiming to facilitate commerce.
Learning Objectives
- Identify the approach of the Uniform Commercial Code towards the establishment of contracts, focusing on offer, acceptance, and consideration.
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