50 words minimum each question, due in 4 hours
1.Define agreement, offer, and acceptance.
- 2.Describe the required terms of an offer and describe the terms that can be implied in an offer.
- 3.Describe special forms of offers, including Internet auctions.
- 4.Define counteroffer and describe the effects of a counteroffer.
- 5.Describe how offers are terminated by acts of the parties and by operation of law.
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