Question: Offers that fail to provide a specific time for acceptance are: considered to be illegal. are valid for a reasonable time. are valid but unenforceable.

Offers that fail to provide a specific time for acceptance are:
considered to be illegal.
are valid for a reasonable time.
are valid but unenforceable.
can be used to penalize the offeror.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Business law Offers that fail to provide a specific time for acceptance: Group of answer choices are valid but unenforceable. are considered to be illegal. are valid for a reasonable time. can be...

Q:

Based on the advance reading about the CVS Corporation (CVS), answer the following questions. Where indicted, your answers should be specific to the facts in the CVS and not speak in generalities. I...

Q:

3 The Formation of Sales and Lease Contracts In regard to the formation of sales and lease contracts, the UCC modifies the common law in several ways. We look here at how Articles 2 and 2A of the UCC...

Q:

Offers that fail to provide a specific time for acceptance : a . are valid but unenforceable. b . can be used to penalize the offeror. c . are considered to be illegal. d . are valid for a reasonable...

Q:

Offers that fail to provide a specific time for acceptance : a . are valid but unenforceable. b . can be used to penalize the offeror. c . are considered to be illegal. d . are valid for a reasonable...

Q:

4) Parktown Realty Inc developed an upscale condominium complex. On October 1, Miranda Wine signed an offer to purchase one of the units. Part of that document said, "This offer is irrevocable by the...

Q:

Chapter 6 from The Legal and Ethical Environment of Business was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as...

Q:

3 The Formation of Sales and Lease Contracts In regard to the formation of sales and lease contracts, the UCC modifies the common law in several ways. We look here at how Articles 2 and 2A of the UCC...

Q:

3 The Formation of Sales and Lease Contracts In regard to the formation of sales and lease contracts, the UCC modifies the common law in several ways. We look here at how Articles 2 and 2A of the UCC...

Q:

Chapter 9 from Business Law and the Legal Environment was adapted by The Saylor Foundation under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 license without attribution as requested...

Q:

Each of the following phrases (1. through 5.) is from a paragraph in an auditor's report. Assume that except for the information indicated in the phrase, the report would have been a standard...

Q:

1. Why is it important to focus on motivating employees who survive a layoff? 2. To what extent is Conatys advice consistent with equity and expectancy theory? 3. Do you believe that recognition will...

Q:

Question 1 7 ACCT 2 5 2 - 2 0 1 0 / One primary purposerof job costing is to determine the effectiveness of the purchasing department. to increase sales. to determine and control the cost of goods...

Q:

-/1 View Policies Current Attempt in Progress The following amortization and interest schedule reflects the issuance of 10-year bonds by Bridgeport Corporation on January 1, 2014, and the subsequent...