Final answer:
A non-specific offer can cause imperfect information in a contract situation, leading to potential misunderstandings or disputes.
Step-by-step explanation:
An offer which is unclear about the form of acceptance that is necessary to create a contract, is called a non-specific offer. This type of offer can contribute to a situation of imperfect information, where either the buyer or the seller or both are uncertain about the qualities of what they are buying and selling. The imperfections in the contract terms can lead to misunderstandings or disputes, as the parties involved may have different interpretations of the offer's requirements or the contract's execution.