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:

Purchased Material

Items or goods a company buys from external suppliers for use in its manufacturing process.

Right Source

Choosing the most suitable origin or provider for goods, services, or information, focusing on quality, cost, and reliability.

Right Service

The alignment of a service provided with the exact needs or requirements of a customer or client.

Right Quality

Meeting the expected standards or specifications required for a product or service.