The general rule is that an offeror cannot revoke an offer at any time prior to acceptance if he has promised not to revoke for a stated period of time.
Correct Answer:
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Q2: An offeree who makes an inquiry about
Q4: In a bidding process,the owner of the
Q4: To determine whether the offeror has created
Q6: The timing of prior dealings is relevant
Q8: When the parties to a contract do
Q12: Which of the following statements is true
Q14: If an offeree accepts the offer but
Q14: The modern trend is for courts to
Q17: An option contract is created when the
Q19: If the subject matter of a proposed
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