Which of the Following Statements Is True About a Revocation

question 73

Multiple Choice

Which of the following statements is true about a revocation?

• A)It can be made by the offeree.
• B)It needs to reach the offeree to be effective.
• C)It can be done even after acceptance of the offer.
• D)It can be applied to an option contract.

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Definitions:

Social Development

The progression by which individuals acquire the values, behaviors, and skills necessary to function effectively in society.

Peer Groups

A social group whose members have interests, social positions, and age in common.

Middle Childhood

This phase encompasses the period of development from approximately 6 to 12 years of age, where children experience significant growth in cognitive, social, and physical abilities.

Feel Comfortable

A state of physical or emotional ease, often marked by a lack of stress, pain, or social awkwardness.