Asked by Sammie Schwab on Jun 03, 2024
Verified
Mattie makes Alex an offer to sell Alex Mattie's car for $20,000. Alex can
A) accept the offer.
B) reject the offer.
C) offer to buy Mattie's car for $15,000.
D) All of these choices are correct.
Reject the Offer
The act of declining a proposal or bid, potentially in negotiations, contracts, or transactions.
Accept the Offer
Agreeing to the terms or conditions presented in an offer, thereby entering into a binding contract.
- Describe the requirements for an offer to be legally effective.
Verified Answer
YD
Yasmine DaneshvarJun 09, 2024
Final Answer :
D
Explanation :
Each option represents a valid response to an offer in contract law: acceptance, rejection, and counteroffer.
Learning Objectives
- Describe the requirements for an offer to be legally effective.