Question

Once an offer without any conditions is accepted, it becomes a firm and binding contract.

a) True
b) False

Answer 1

Once an offer without any conditions is accepted, it does not automatically become a firm and binding contract.

Step-by-step explanation:

False. Once an offer without any conditions is accepted, it does not automatically become a firm and binding contract. For a contract to be binding, both parties need to have a mutual agreement, intention, consideration, capacity, and legality. If any of these elements are missing, the contract may not be enforceable.