Asked by
Noora Sheikh
on Nov 21, 2024
Verified
Which of the following is true regarding the termination of an offer based on a rejection?
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) Even on rejection, an offer is not terminated until the expiration of the time period for which it was originally to remain open.
C) An offer must remain open for at least two days before it is terminated following a rejection by an offeree.
D) An offer must remain open for at least three days before it is terminated following a rejection by an offeree.
E) An offer must remain open for at least one day before it is terminated following a rejection by an offeree.
Termination
The act of ending an employment relationship or contract, either voluntarily by resignation or retirement, or involuntarily by dismissal or layoff.
- Achieve an understanding of the assorted ways in which an offer can come to an end.
Verified Answer
LG
Learning Objectives
- Achieve an understanding of the assorted ways in which an offer can come to an end.