An offeror may revoke an offer at any time, even if the offeree gives the offeror consideration to hold the offer open.

Name: An offeror may revoke an offer at any time, even if the offeree gives the offeror consideration to hold the offer open.
Brand: Quizplus
Rating: 4.8 (53 reviews)

Question

Quizplus · Accepted Answer

If the offeree gives the offeror consideration to hold the offer open, this creates an option contract, which prevents the offeror from revoking the offer for the duration of the option period.

An Offeror May Revoke an Offer at Any Time, Even