Solved

Which of the Following Statements Best Describes the Mailbox Rule

Question 46

Multiple Choice

Which of the following statements best describes the mailbox rule?


A) Unless otherwise agreed, an acceptance is effective when it is sent if it is sent correctly.
B) If no time is specified in the offer, then the law will impose a reasonable time based on the circumstances.
C) A change in the offer by offeree will only be considered a counteroffer if the offeree intends it to be so.
D) If an offer is made but before it can be accepted the subject matter of the offer becomes illegal, the offer is terminated.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents