question archive AS A GENERAL RULE, THE MODERN LAW REQUIRES ACCEPTANCE TO BE IN WRITING: (A) IF THE OFFER IS IN WRITING (B) IF THE PROPOSED CONTRACT IS A SALES CONTRACT (C) IF THE OFFER CONTAINS NEW TERMS THAT MIGHT POSSIBLY BE CONSTRUED BY THE OFFEROR TO BE A COUNTEROFFER (D) A AND B (E) NONE OF THE ABOVE
Subject:LawPrice:2.84 Bought3
AS A GENERAL RULE, THE MODERN LAW REQUIRES ACCEPTANCE TO BE
IN WRITING:
(A) IF THE OFFER IS IN WRITING
(B) IF THE PROPOSED CONTRACT IS A SALES CONTRACT
(C) IF THE OFFER CONTAINS NEW TERMS THAT MIGHT POSSIBLY BE CONSTRUED BY THE OFFEROR TO BE A COUNTEROFFER
(D) A AND B
(E) NONE OF THE ABOVE
The answer is D.
Step-by-step explanation
After the offer is made, there should be acceptance from the other party or parties to make it a valid contract. The party accept the offer if they are clear with the rules and regulation. If the parties are still under the negotiation process and there is no acceptance till now to the offer, then it is still not a contract. If a person to whom the offer is made has accepted only some of the terms or proposes some of the new terms, then it is the counter-offer that is made by the other party and is still not a valid contract.