Asked by
Lance Carter
on Nov 29, 2024
Verified
If there is no time specified for the acceptance of an offer, when does the offer terminate?
A) After 48 hours from receipt of the offer.
B) After two weeks from dispatch of the offer.
C) After 30 days from receipt of the offer.
D) After a reasonable period of time, which depends on the circumstances.
Acceptance
An act signifying agreement to the terms of an offer, thus creating a binding contract.
Terminate
To bring something to an end or halt its operations or effectiveness.
- Familiarize oneself with the provisions that result in the discontinuation of offers, including revocation and legal adjustments impacting the offer.
Verified Answer
MD
Learning Objectives
- Familiarize oneself with the provisions that result in the discontinuation of offers, including revocation and legal adjustments impacting the offer.