Revocation Is the Retraction of an Offer Before It Is

question 44

True/False

Revocation is the retraction of an offer before it is accepted.

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Definitions:

Independent Contractor

An individual or entity contracted to perform work for— or provide services to—another entity as a non-employee.

Vicarious Liability

A legal principle where one party is held liable for the actions or negligence of another party, often in employer-employee relationships.

Cost-Versus-Benefits

An analysis or comparison between the costs of an action and the benefits derived, used to evaluate the feasibility or value of a project or decision.

Organizational Activity

Actions or tasks undertaken by an organization in pursuit of its objectives.