Acceptance

Question 1

Under the mailbox rule when is an acceptance effective?

Answer 1

By accepting using the same means as the offer was transmitted

Question 2

How can an offeror remove the mailbox rule?

Answer 2

By stating that acceptance is effective only when received

Question 3

When acceptance is sent by a method other than how the original offer was sent

Answer 3

Acceptance is valid only when received.

Question 4

A late acceptance

Answer 4

constitutes a counteroffer

Question 5

A Unilateral offer exists

Answer 5

when the actions by the offeree constitutes acceptance