Answer TRUE or FALSE. 1. An offeree varying the terms of the offer creates a counteroffer. 2.
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Answer TRUE or FALSE.
1. An offeree varying the terms of the offer creates a counteroffer.
2. The mailbox rule is a legal theory designed to determine the timing of the acceptance of an offer.
3. A supervening illegality terminates a person’s ability to accept an offer.
4. A cross-offer differs from a counteroffer.
5. An option need not be supported by consideration to be valid.
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