When an Offer Has Been Accepted

question 42

Multiple Choice

When an offer has been accepted:

• A) a subsequent revocation of the offer may serve to nullify the resulting contract.
• B) a contract is formed, assuming that all of the other elements of a contract are present.
• C) either party may withdraw from the resulting contract without consent.
• D) the acceptance is executory.

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Definitions:

Like Terms

Algebraic terms that have the same variable parts and powers.

Collect

Refers to gathering or bringing things together from multiple sources.

Like Terms

Terms in an algebraic expression that have the same variables raised to the same power, which can be combined or simplified.

Operation Indicated

The process of performing the mathematical operation (such as addition, subtraction, multiplication, or division) as specified by the given problem.