An offer terminates automatically when the time specified in the offer has passed.
Correct Answer:
Verified
Q11: A statement of future intent-"I plan to
Q12: One necessary element for an effective offer
Q13: A price list is an invitation to
Q14: An effective offer requires reasonably definite terms.
Q15: An "offer" to sell an item on
Q17: An offer may invite an acceptance to
Q18: A preliminary agreement cannot constitute a binding
Q19: An option contract is created when an
Q20: The first requirement for an offer is
Q21: Under federal law, an e-document is not
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents