To qualify as a contract,a set of promises must be based on a voluntary agreement,which is made up of an offer and a(n) ________ of that offer.

A) understanding
B) writing
C) assumption
D) acceptance

Voluntary Agreement

A mutual consent or contract between parties, typically concerning legal obligations and enforcements.

Offer

A proposal presented by one party to another with the intention to enter into a legally binding contract upon acceptance.

Acceptance

The actual or implied receipt and retention of that which is tendered or offered.