Which of the Following Is True of a Revocation

question 60

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 estoppels are used to prevent revocations.
• D) Offers that fail to state a specified time period are considered invalid.

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Definitions:

Joint Custody

A legal arrangement where both parents share decision-making responsibilities and physical care of a child.

Persistent Poverty

A long-term state where an individual or group lives below the minimum level of income deemed necessary to achieve an adequate standard of living.

Common Arrangement

A typical or widely accepted way of organizing or structuring something.

Following Divorce

pertains to the period and adaptations individuals and families undergo after the legal dissolution of a marriage.