In General,which of the Following Will Not Terminate an Offer

question 39

Multiple Choice

In general,which of the following will not terminate an offer?

• A) The death of the offeree
• B) The death of the offeror
• C) An inquiry by the offeree as to size or materials
• D) An acceptance that adds a material term

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Definitions:

Recognition

The formal acknowledgment in accounting that a transaction or event affects the financial statements of a company.

Separate Incorporation

The legal process of forming a new corporation that is distinct and separate from any owners or other entities.

Subsidiary Dissolved

The process of legally dissolving a subsidiary company, which involves winding up its operations and financial affairs.

Acquisition

The process of obtaining control of another company or business asset through purchase, merger, or another method.