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Offeror Says,"I Will Sell You My Dog for $100

Question 63

Multiple Choice

Offeror says,"I will sell you my dog for $100.You have a week to decide." Two days later she tells the offeree,"I've changed my mind.I'm keeping the dog." This last statement is:


A) an effective revocation
B) an effective rejection
C) ineffective in terminating the offer
D) a counteroffer

Correct Answer:

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