In which of the following cases does the legal power of the offeree to bind the offeror end?
A) When the offeree accepts the offer
B) When the offeror is declared insane before acceptance of the offer by the offeree
C) When the subject matter of the contract is destroyed after the acceptance of the offer
D) When the offeror accepts the counteroffer
E) When the offeror attempts to retract the offer after its acceptance by the offeree

Question

Quizplus · Accepted Answer

When an offer terminates, the offeree's legal power to bind the offeror ends. Termination by operation of law occurs when the offeror no longer has the capacity to make the offer due to being insane or dead.

In Which of the Following Cases Does the Legal Power