Contracts
Under NJ law, the time limit for a seller to sign and communicate acceptance of a buyer's offer to create a binding contract is:
A7 days
BThe time specified in the offer, or a reasonable time if not specified✓ Correct
CExactly 24 hours
D3 business days
Explanation
An offer must be accepted within the time limit specified in the offer itself. If no time is specified, acceptance must occur within a reasonable time.
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