Asked by
Chloe St. Clair
on Nov 10, 2024Verified
Generally, acceptance must be communicated to the offeror to be effective unless there has been a history of similar relations between the parties.
Communicated Acceptance
The act of conveying agreement to the terms of an offer, completing the formation of a contract.
Similar Relations
Associations or connections between entities or concepts that share common characteristics or attributes.
- Comprehend the role and effect of acceptance, offer, and communication in contract formation.
Verified Answer
LP
Learning Objectives
- Comprehend the role and effect of acceptance, offer, and communication in contract formation.