An Offer Can Be Revoked by the Performance of an Act

question 26

True/False

An offer can be revoked by the performance of an act that is inconsistent with the existence of an offer and that is made known to the offeree.

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Definitions:

Electric And Hybrid Autos

Vehicles powered by electric motors, either entirely (electric) or combined with a conventional internal combustion engine (hybrid).

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied by producers.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price over a specified period.

Coffee

A brewed drink prepared from roasted coffee beans, the seeds of berries from certain Coffea species.