Discuss silence as acceptance of an offer
Silence or inaction does not ordinarily indicate acceptance of an offer because an offeree is generally under no legal duty to reply to an offer. In some cases, by custom, usage, or course of dealing, the offeree's silence or inaction may operate as an acceptance. If an offeror sends unordered or unsolicited merchandise to a person and states that the goods may be purchased at a specified price and that the offer will be deemed to have been accepted unless the goods are returned within a stated period, the federal government and most states have enacted statutes providing that the recipient of the goods may keep them as a gift and is under no obligation to return or pay for them.
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The landlord's duty to provide quiet enjoyment of the premises and the landlord's duty to deliver and maintain the premises in a habitable condition are one and the same.
Answer the following statement true (T) or false (F)
The Andean Pact is a highly successful common market modeled after the EU.
a. true b. false
A letter of credit is a document that
a) is secured by the exporter after shipping the product shipment. b) awards the title of a product to the importer. c) is issued by a bank at the request of an importer. d) is issued by the exporter to promise that he will allow a delay in payment.
The Panon Corporation is incorporated in Tennessee, but its corporate headquarters is in Massachusetts. As a result, the Panon Corporation is:
A. considered a citizen of both Massachusetts and Tennessee. B. not considered a citizen of either Massachusetts or Tennessee. C. considered a citizen of only Massachusetts. D. considered a citizen of only Tennessee.