Which of the Following Is True Regarding the Termination of an Offer

question 73

Multiple Choice

Which of the following is true regarding the termination of an offer based on a rejection?

• A) Regardless of how long an offeror states that an offer will be held open, once the offeree rejects it, the offer is terminated.
• B) Even on rejection, an offer is not terminated until the expiration of the time period for which it was originally to remain open.
• C) An offer must remain open for at least two days before it is terminated following a rejection by an offeree.
• D) An offer must remain open for at least three days before it is terminated following a rejection by an offeree.
• E) An offer must remain open for at least one day before it is terminated following a rejection by an offeree.

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Definitions:

Assault

An act of physical attack or a threat of attack that makes another person fear imminent bodily harm.

Batteries

Batteries, in a legal context, refers to the intentional and unlawful physical contact or force against another person; in a general context, it refers to devices that store and provide electrical energy.

Tort Law

The area of law that deals with civil wrongs, not arising from contractual obligations, where an injured party can seek compensation from the party causing the harm.

Prevent Future Harms

Measures or actions taken to stop or reduce the likelihood of adverse effects or damages occurring in the future.