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.
Correct Answer:
Verified
Q25: Which of the following statements best explains
Q33: Which of the following statements is TRUE?
A)An
Q34: Rabby Inc is an oil exploration company
Q36: By submitting a tender,a party normally
A)creates an
Q37: Morris posted a notice promising to pay
Q39: Which of the following statements is TRUE?
A)An
Q40: ABC Inc and XYZ Ltd entered into
Q42: Ronan asked his friends,Siobhan and Jeff,to help
Q43: In late April,Harper Corp placed an advertisement
Q55: An invitation to treat
A)can only occur within
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