BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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a contract which follows the UCC, in writing, and must specify an action.
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unconditional, follow the mirror image rule, and include a counteroffer.
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made seriously, definite and certain, and communicated to the offeree.
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an invitation to negotiate, an invitation to deal, and an invitation to trade.
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Detailed explanation-1: -OFFER MUST BE COMMUNICATED TO THE OFFEREE A person who is not the intended offeree cannot accept the offer. A person cannot accept an offer without knowing about it. general public cannot be accepted by someone who has never seen or heard of the offer.
Detailed explanation-2: -Definite Terms-An offer to contract must be sufficiently definite. That is, the terms of the offer must be sufficiently specific to allow the offeree to understand and accept the offer. (See also: Sum Certain) The offeree must understand that she is the intended recipient of the offer and may accept it.
Detailed explanation-3: -Acceptance must be communicated to the offeror through written or oral means as silence will not be considered a valid form of approval. The communication of acceptance of an offer should be absolute. The offer will be considered accepted, once the promisee dispatches their acceptance.