Under both UCC and common law, a counteroffer:
A) must be accepted by the original offeror.
B) is effective upon mailing or dispatch.
C) is also a rejection.
D) None of the above
Correct Answer:
Verified
Q43: Marc offers to sell his car to
Q44: Force majeure clauses deal with quasi-contracts under
Q45: A bilateral contract requires two parties to
Q47: Jerry Montray is negotiating with Pamela Barnes
Q49: The actions of an "officious meddler" usually
Q50: Which is not a requirement for a
Q51: The mailbox rule applies to:
A)all acceptances.
B)acceptances communicated
Q52: Which of the following is not required
Q53: A force majeure clause would apply to
Q87: The language "I offer to sell you
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents