Asked by Dopps Karsen on May 11, 2024
Verified
Once an offer has been communicated, which of the following is a step that the offeree can take?
A) Accept the offer
B) Reject the offer
C) Make a counteroffer
D) All of these choices are correct
Accept
To agree to receive or undertake something offered.
Offer
A proposal by one party to another to enter into a legal agreement, constituting one of the essential elements of a contract.
Counteroffer
A response to an offer in a negotiation, where the original offer is rejected and replaced with a new proposal.
- Understand the principles governing the formation of contracts, including the offer and acceptance rules.
Verified Answer
MO
mariajose orozcoMay 12, 2024
Final Answer :
D
Explanation :
All of these actions (accepting, rejecting, or making a counteroffer) are valid responses an offeree can take once an offer has been communicated.
Learning Objectives
- Understand the principles governing the formation of contracts, including the offer and acceptance rules.
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