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WAEC Commerce 2016 Question 8

Question 8

Law of Contract

In a law of contract a counter offer operates as

  1. A.an acceptance.
  2. B.consensus ad idem.
  3. C.a rejection.
  4. D.a contract.
Show the answer and explanation

Answer: C (a rejection.)

Explanation

A counter offer changes the terms, so it rejects (ends) the original offer.