If There Is No Time Specified for the Acceptance of an Offer

question 84

Multiple Choice

If there is no time specified for the acceptance of an offer, when does the offer terminate?

• A) After 48 hours from receipt of the offer.
• B) After two weeks from dispatch of the offer.
• C) After 30 days from receipt of the offer.
• D) After a reasonable period of time, which depends on the circumstances.

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Definitions:

Out

Positioned or situated beyond the limits or confines of a specified place or area.

Outer

Referring to the external part or surface of something.

Pericardial

Related to the pericardium, the membrane enclosing the heart.

Peri-

A prefix meaning around or near, used to denote vicinity to a specific body part or time relative to an event.