Why does the law interpret a counteroffer that is a conditional or qualified acceptance as a rejection of the offer and not binding on the parties?
Answer to relevant QuestionsIf an offer is rejected, should the offeree have the right to negotiate before the offer is considered terminated? Indicate whether each of the following statements is true or false by writing T or F in the answer column. 1. Fraud may be committed either by spoken or written words or by acts or conduct. 1. _________ 2. Intentional ...Indicate whether each of the following statements is true or false by writing T or F in the answer column. 1. Consideration is one of the elements of a contract. 1. ________ 2. The courts generally do not rule on ...1. Staples, following extensive injuries in an automobile accident, was declared mentally incompetent. He imagined himself to be in command of a large army engaged in protecting the country against an invasion. He ordered ...What are the chief provisions of the Statute of Frauds? Can you suggest other agreements that also should be in writing?
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