A contract is formed once the offer is accepted

Question

BlackTom AI · Accepted Answer

Statement restatement: The prompt asks whether the proposition 'A contract is formed once the offer is accepted' is true or false, presented with two options: True and False.
Option 1: True. This assertion aligns with the general contract law principle that acceptance of a valid offer creates a contract, provided that the acceptance is communicated (or otherwise appropriately manifested) and meets other essential elements such as intention to create legal relations, consideration, and legality. In other words, once acceptance occurs in a proper form, a contract is formed, though timing and method of acceptance can vary by jurisdiction and the terms of the offer, which may introduce nuances.
Option 2: False. This claim would be incorrect because it would imply that a contract cannot form merely by acceptance; however, the core idea of contract formation is indeed that acceptance of an offer creates the agreement, assuming all other requirements are satisfied. The statement would be too broad or misleading if interpreted to ignore required elements like consideration, capacity, legality, and proper communication.
To deepen the distinction: if the acceptance is not properly communicated, or if there is a counteroffer, revocation, or incapacity, the formation may be delayed or negated, which is why some scenarios require more than a simple 'offer accepted' moment. Nonetheless, under typical circumstances where acceptance is valid and timely, the contract is formed upon acceptance, making True the correct characterization.
In summary, True captures the essential mechanism of contract formation through acceptance, while False fails to acknowledge the foundational role of acceptance in forming contracts and would be an inaccurate blanket statement.

MCD2070 - T1 - 2025 Intention and Consideration Quiz

A contract is formed once the offer is accepted

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