If Nothing Definite Is Stated About the Time Limit of an Offer

question 43

Multiple Choice

If nothing definite is stated about the time limit of an offer, it continues

• A) for a reasonable time, depending upon the circumstances.
• B) up to 25 days.
• C) until the offeree accepts or rejects the offer.
• D) until the offeror accepts or rejects the offer.

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Definitions:

Role Expectations

The anticipated behaviors and actions associated with a particular social position or status.

Norms

The accepted standards or expectations of behavior within a group or society, which guide member actions and contribute to group cohesion.

Sanctions

Measures taken by countries or international organizations to restrict certain activities or to punish non-compliance with laws or norms.

Round Robin

A method or process where participants take turns in order, allowing each person to contribute or participate equally.