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WAEC Commerce 2016 Objective — Question 8

Question 8 of 50 from the West African Examinations Council (WAEC) Commerce 2016 Objective paper, with the correct answer and a full explanation.

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8. In a law of contract, a counter offer operates as A. an acceptance B. consensus diadem C. a rejection D. a contract

  • A. an acceptance
  • B. consensus diadem
  • C. a rejectionCorrect
  • D. a contract

Explanation

A contract is an agreement between two or more parties which is enforceable under the law with a paid consideration.

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