Multiple choice

Acceptance is:

  1. The beginning of a contract. Someone proposes action

  2. A reply to change a proposed agreement

  3. Things each side promises to do for consideration

  4. Final agreement that negotiations are done
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Acceptance is the final, unconditional assent to the terms of an offer, which concludes the negotiation phase and forms a binding contract. Once acceptance occurs, the parties have reached a mutual agreement and are bound by its terms.

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