Question: Question 1 8 ( 1 point ) Under common law, a contractual obligation may arise even if the agreement has open terms an offer can
Question point
Under common law,
a contractual obligation may arise even if the agreement has open terms
an offer can be revoked at any time prior to acceptance unless the offeror has given the offeree an option
if the acceptance is the same as the offer, no contract results
there is no consideration if one party wants to forgive another's breach by written waiver or renunciation signed and delivered by the aggrieved party
no written agreement is required to discharge a breaching party
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
