The General Rule Is That an Offeror Cannot Revoke an Offer

question 16

True/False

The general rule is that an offeror cannot revoke an offer at any time prior to acceptance if he has promised not to revoke for a stated period of time.

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Definitions:

Discriminates

The ability to recognize and understand the difference between two or more stimuli or concepts.

Direct Contact

A method of communication or interaction involving physical presence or close proximity between individuals.

Eligibility Requirements

Specific criteria set by institutions, organizations, or programs that individuals must meet or fulfill in order to qualify or be considered suitable for something.

Communication Structure

The way in which information is organized and transmitted between individuals and groups.