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Which of the following statements is MOST correct IN A BUSINESS LAW AND GOVERMANCE CONTEXT? A counter-offer rejects the offer that preceded it. Acceptance must

Which of the following statements is MOST correct IN A BUSINESS LAW AND GOVERMANCE CONTEXT?

A counter-offer rejects the offer that preceded it.

Acceptance must be written to be communicated.

A promise to do something you are legally obliged to do is good consideration.

It is never possible for people in a social relationship to enter a contract with each other.

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