North Carolina Adjuster Practice Exam 2025 – Complete Study Resource

Question: 1 / 400

Which situation does NOT legally terminate a contract offer?

Counteroffer

Acceptance

Withdrawal

Request for more information

A request for more information does not legally terminate a contract offer because it does not reflect a change in the terms of the original offer or an acceptance of it. When one party requests additional details or clarification, they are essentially seeking to maintain the dialogue and understand the proposal better. This action indicates that the conversation is ongoing, and the original offer remains open for consideration while both parties engage in discussion.

Counteroffers, acceptance, and withdrawal are all definitive actions that affect the status of a contract offer. A counteroffer represents a new proposal that effectively rejects the original offer and provides new terms. Acceptance indicates that the original offer has been agreed upon, leading to a binding contract. Withdrawal signifies a party's decision to retract the offer before it has been accepted, thereby nullifying it. Therefore, a request for more information is unique because it signifies a continued interest in the offer rather than an action that terminates it.

Get further explanation with Examzify DeepDiveBeta
Next Question

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy