If an Offer Is Made, but Before It Can Be

question 70

True/False

If an offer is made, but before it can be accepted, the subject matter of the offer becomes illegal, the offer is terminated.

---

Definitions:

Acres

A unit of area used primarily in the English-speaking world, representing 43,560 square feet or about 4046.86 square meters.

Single-Tax Movement

A political and economic movement that advocates for a single tax, often on land, to replace all other taxes, based on principles advocated by Henry George.

Allocative Efficiency

A state of resource allocation where it is impossible to make any one individual better off without making someone else worse off.

Private Ownership

The legal right held by individuals or corporations to have exclusive control over and use of property, assets, or commodities.