North Carolina Adjuster Practice Exam

Disable ads (and more) with a membership for a one time $4.99 payment

Study for the North Carolina Adjuster Exam with confidence! Our quiz features multiple-choice questions, useful hints, and detailed explanations to ensure you are well-prepared for your upcoming exam.

Practice this question and more.

Which situation does NOT legally terminate a contract offer?

Counteroffer
Acceptance
Withdrawal
Request for more information

The correct answer is: Request for more information

A request for more information does not constitute a legal termination of a contract offer. When a party needs clarification or additional details about the terms or conditions of the offer, asking for more information merely indicates that the party is still considering the offer. It shows an interest in entering into the contract rather than a rejection or acceptance of the terms as they currently stand. In contrast, a counteroffer, acceptance, and withdrawal each actively alter the status of the original offer. A counteroffer changes the original terms, effectively rejecting the initial offer and proposing new conditions. Acceptance signifies that the terms of the offer are agreeable and the contract is formed. Withdrawal involves one party retracting the offer before it has been accepted, which legally terminates the offer. Therefore, a request for more information simply continues the dialogue and keeps the possibility of the contract alive.