Asked by Mollie Weber on May 09, 2024
Verified
Which of the following is true regarding acceptable means of acceptance if no means of communicating an acceptance is specified in an offer?
A) If no means of communicating an acceptance is specified in an offer, acceptance must be done through the U.S. mail system.
B) If no means of communicating an acceptance is specified in an offer, acceptance must be done either in person or through telephone communication.
C) If no means of communicating an acceptance is specified in an offer, acceptance must be done either through the U.S. mail or through fax transmittal.
D) If no means of communicating an acceptance is specified in an offer, acceptance must be done either through U.S. mail or through e-mail.
E) If no means of communicating the acceptance is specified, any reasonable means is generally acceptable.
Communicating Acceptance
The act of explicitly or implicitly conveying agreement to the terms of an offer, thereby forming a contract.
- Pinpoint the conditions that make a contract binding, with a special emphasis on the necessity of acceptance.
Verified Answer
MN
Mahum NaseemMay 09, 2024
Final Answer :
E
Explanation :
When no specific means of communication for acceptance is specified in an offer, any reasonable means of communication is generally acceptable. This is based on the principle that the method of acceptance should be appropriate for the circumstances of the offer, allowing for flexibility in how acceptance can be communicated.
Learning Objectives
- Pinpoint the conditions that make a contract binding, with a special emphasis on the necessity of acceptance.