Which of the following is true regarding when an offer may be rejected by an offeree?
A) Regardless of how long an offeror states that an offer will be held open, once the offeree rejects it, the offer is terminated.
B) If the offeror states that an offer will be held open for a certain amount of time, then it is open for that length of time even if a rejection is received prior to the expiration of that time.
C) An offer must remain open for at least two days before an offeree may reject it.
D) An offer must remain open for at least three days before an offeree may reject it.
E) An offer must remain open for at least four days before an offeree may reject it.
Correct Answer:
Verified
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