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Which of the Following Is True of a Revocation

Question 44

Multiple Choice

Which of the following is true of a revocation?


A) The power of revocation of an offer lies with the offeree.
B) Death or insanity cannot be reasons for revocation.
C) Promissory estoppel is used to prevent revocations.
D) Offers that fail to state a specified time period are considered invalid.

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