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DSST Business Law II Exam Prep

Category - DSST Business Law II

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What is the mirror image rule?
  1. The requirement of consideration in the modification of contracts.
  2. A contract can be formed even where the offer and acceptance have slightly different terms.
  3. The requirement that the terms of the acceptance must be the same as the terms of the offer.
  4. The requirement that an oral agreement must be put in writing using the exact same terms.
  5. The reason that contracts must be in writing.
Explanation
Answer: C. The mirror image rule is the requirement that the terms of the acceptance must be the same as the terms of the offer. If the offeree changes the terms, then there is no acceptance, but a counteroffer. For a contract to be formed, there must be a valid offer and acceptance.
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