A Revocation of an Offer Is Effective Only When It

question 163

True/False

A revocation of an offer is effective only when it has been communicated to the offeree.

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Definitions:

Liability

Legal responsibility for one's actions or omissions, often involving the obligation to compensate for harm caused.

Possession of Coat

Refers to the act of having physical control over a coat, implying ownership or temporary custody.

Commercial Aircraft

An airplane used for transporting passengers or cargo for profit.

Transfer of Possessions

The act of moving ownership or control of property or assets from one party to another.