Which of the Following Is True of a Revocation

question 67

Multiple Choice

Which of the following is true of a revocation?

• A)The power of revocation of an offer lies with the offeree.
• B)Death or insanity cannot be reasons for revocation.
• C)Promissory estoppel is used to prevent revocations.
• D)Offers that fail to state a specified time period are considered invalid.

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Definitions:

PID Control

A control loop mechanism employing proportional, integral, and derivative terms to control a process, widely used in industrial control systems.

Inexpensive

Referring to a product, service, or item that has a low cost or price, making it affordable to a wide range of consumers.

Set-point Control

A control system method where a device adjusts its operation to maintain a process variable at a desired set-point or value.

Open Loop Control

A control system where the control action is independent of the output, lacking feedback from the process being controlled.