Which of the Following Is True Regarding When an Offeree

question 30

Multiple Choice

Which of the following is true regarding when an offeree may reject an offer?

• A)Regardless of how long an offeror states that an offer will be held open,once the offeree rejects it,the offer is terminated.
• B)If the offeror states that an offer will be held open for a certain amount of time,then it is open for that length of time even if the offeree rejects the offer prior to the expiration of that time.
• C)An offer must remain open for at least three business days before an offeree may reject it.
• D)An offer must remain open for at least seven calendar days before an offeree may reject it.
• E)An offer must remain open for at least thirty calendar days before an offeree may reject it.

Understand the balance between relevance and consistency in brand management.

Identify the three levels of change affecting brand relevance and examples of each.

Recognize the implications of failing to maintain brand relevance on authenticity.

Distinguish between types of innovation and their appropriateness for different brand types.