As a general rule,when is revocation of an offer effective?
A)When it is mailed by the offeror.
B)When it is received by the offeree.
C)Three business days after the offeror makes the offer,assuming the offeree has not already accepted the offer.
D)Seven calendar days after the offeror makes the offer,assuming the offeree has already accepted the offer.
E)Thirty calendar days after the offeror makes the offer,assuming the offeree has not already accepted the offer.

Question

Quizplus · Accepted Answer

As a general rule,the revocation of an offer is effective when it is received by the offeree.Because of this rule,if it is really important to the offeror to know that his offer has been revoked,he or she should personally deliver the revocation to the offeree.

As a General Rule,when Is Revocation of an Offer Effective