Contracts I

Restatement Second of Contracts § 38

Restatement Second of Contracts § 38

Rejection

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  1. An offeree's power of acceptance is terminated by his rejection of the offer, unless the offeror has manifested a contrary intention.
  2. A manifestation of intention not to accept an offer is a rejection unless the offeree manifests an intention to take it under further advisement.
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