If an Offer Is Not Accepted, Rejected or Revoked It

question 2

Multiple Choice

If an offer is not accepted, rejected or revoked it will lapse:

• A)After a reasonable amount of time has elapsed.
• B)After a period of 30 days.
• C)When the offeror has communicated to the offeree that the offer has lapsed.
• D)Never.The offer will remain open until it is accepted, rejected or revoked.

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Definitions:

Ethyl Formate

An ester formed from formic acid and ethanol, known for its use as a solvent and in the manufacture of flavors and fragrances.

Cyclohexylamine

An organic compound with the formula \(C_6H_{13}N\), characterized by a cyclohexane ring attached to an amine group.

Compound

A compound created when two or more elements combine chemically in specific ratios.

Benzoic Acid

A simple aromatic carboxylic acid with the formula C6H5COOH, used widely as a food preservative.