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Which of the Following Statements Is TRUE

Question 38

Multiple Choice

Which of the following statements is TRUE?


A) The death or insanity of either the offeror or the offeree will always prevent acceptance.
B) An option will never come to an end by the mere lapse of time.
C) Neither party can revive an offer once a counter offer has been made.
D) A firm offer can be accepted any time before it is terminated.
E) There cannot be a "meeting of the minds" if the offeror accepts the offeree's counter offer.

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