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Which of the following statements is/are correct?
1. Counter offer puts an end to the original offer.
2. In counter offer, the previous offer can be revived.
3. Acceptance must be absolute and unqualified.
4. Acceptance with new terms is valid.
Select the correct answer using the given below:

Which of the following statements is/are correct?
1. Counter offer puts an end to the original offer.
2. In counter offer, the previous offer can be revived.
3. Acceptance must be absolute and unqualified.
4. Acceptance with new terms is valid.
Select the correct answer using the given below: Correct Answer 2 only

Related Questions

If the first two statements are true, the third statement is :
I. Tom puts on his socks before he puts on his shoes.
II. He puts on his shirt before he puts on his jacket.
III. Tom puts on his shoes before he puts on his shirt.
Five politicians F, K, H, M and D not necessary in the same order conducted a meeting to put various issues like Budget, Employment, Poverty, Digitalization and Security. They all are sitting around a circular table facing center. F who is not the neighbor of H and K, puts issue on employment. H who is sitting between D and K puts issue on digitalization. M does not put issue on poverty. The one who puts issue on security sits immediate right of the one who puts issue on Budget. Determine the immediate neighbor of person who puts issue on digitalization?
Which of the following phrases (i),(ii), and (iii) given below each sentenceshould replace the phrase printed in boldletters to make the sentence grammaticallycorrect? Choose the best option among thefive given alternatives that reflect the correctuse of phrase in the context of thegrammatically correct sentence. If thesentence is correct as it is, mark (E) i.e., "Nocorrection required" as the answer. My father told me that all the labor andeffort one puts in to the professional frontis meant to make life easier and thereforeany professional success coming at the cost ofpersonal happiness is pointless.
i. one puts at the professional front is meantto make life
ii. one puts onto the professional front ismeant to make life
iii. one who puts into the professional front ismeant to make life
Which of the following are the drawbacks of acceptance sampling? (i) Acceptance sampling is less expensive. (ii) Acceptance sampling has the risk of accepting good lots and rejecting bad lots. (iii) Acceptance sampling requires planning and documentation of the acceptance-sampling procedure whereas 100% inspection does not. (iv) Acceptance sampling requires less manpower.
Consider the following statements in respect of acceptance:
1. In case of telephonic conversation, the contract is complete when the acceptor speaks the words of acceptance.
2. Conditional or qualified acceptance is also an acceptance.
3. Acceptance should be in the usual prescribed manner.
Which of the statements given above is/are correct?
In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives. Without habit, personality could not exist; for we could never do a thing twice alike, and ___________ would be a new person each succeeding moment. The acts which give us our own peculiar _____________ are our habitual acts--the little things that do themselves moment by moment without care or attention, and are the truest and best expression of our real selves. Probably _______ one of us could be very sure which arm he puts ________ the sleeve, or which foot he puts into the shoe, first; and yet each of us ____________ formed the habit long ago of doing these things in a certain way. which arm he puts ________ the sleeve
A boy puts only 5 rupees and 10 rupees coins in the piggy bank. On Monday he puts three 5 rupees coin, on Wednesday he puts one 10 rupees and two 5 rupees coin. Total amount in Piggy bank is 50 rupees. He puts only 5 rupees coin on Tuesday. How many 5 rupees coins he put on Tuesday?
Arrange the following concepts in sequence in which they occur, using the given below:
(1) Offer is communicated
(2) Counter-offer is made
(3) Offer is rejected
(4) Counter-offer is accepted
. . . . . . . . of the Indian Contract Act, 1872 prescribes that the acceptance must be made in a reasonable manner. If the proposer has prescribed a manner of acceptance, the acceptance must be made in that manner, if not so made, there is a contract only if the proposer 'accepts the acceptance'
The conditions regarding selection from a list of suitable candidates to be called for interview after a written examination for appointment of management-level persons to a multi-national company providing accounting services and sales are mentioned below. Candidates: a) Must have a Bachelor's degree in Basic Science with 65% or more marks or BE with 55% or more marks. b) Must have passed the examination with 70% or more marks. c) Age must be between 25 to 30 years as of 1/4/18. d) Must have 3 years of experience in an Accounting Institution and must have a Diploma in Accounting with 60% or more marks. e) Must be currently getting CTC of Rs. 6 lakh or more per annum. If the candidate: 1) If he fulfills all the other conditions other than A above, he will be designated as Junior Accountant. 2) If he fulfills all the other conditions other than (d) and (e) above, he can be designated as Trainee-Accountant. If he fulfills all the above conditions including 5 years of experience, he can be designated as a Senior Accountant. He can be designated as Manager (Accounts) if he fulfills all the above criteria including educational qualifications of CA/ ICWA/ MBA (Finance). Study all the above information and answer the following question. Varun has passed the CA exam and has a bachelor's degree in basic science and a diploma in accountancy, having scored 75% or more in the written examination during his entire career and also in the written examination. His age is 27 years and with 4 years of experience in Accountancy, he has a CTC salary of 18 lakhs per annum. To which of the following positions can he be referred? Select from the given options.