If the time an offer remains open is not specified,it remains open until revoked by the offeror.
Correct Answer:
Verified
Q30: An offer is considered to be communicated
Q31: An offer for a reward can be
Q33: If you promise to keep an offer
Q34: In general,advertisements are treated as offers.
Q37: An option contract is formed when an
Q38: An offer cannot be accepted if it
Q39: In an auction with reserve,a contract is
Q40: A counteroffer by the offeree simultaneously reinstates
Q58: Unless otherwise expressly stated,an auction is considered
Q67: A counteroffer by the offeree simultaneously terminates
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