Which of the Following Provides That a Revocation Is Effective

question 41

Multiple Choice

Which of the following provides that a revocation is effective only when received by the offeree?

• A)The equal dignity rule.
• B)The United States Postal Service (USPS)revocation rule.
• C)The reasonable revocation rule.
• D)The mailbox rule.
• E)The doctrine of reasonable conveyance.

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Definitions:

Cost Components

The individual elements that contribute to the total cost of a product or service, including materials, labor, and overhead.

Fiberglass Boat

A type of boat made from fiberglass, known for its durability, strength, and lightweight compared to traditional wooden boats.

Ratio

The quantitative relation between two amounts showing the number of times one value contains or is contained within the other.

Preferred Equity

A type of equity which is ranked higher than common stock and usually has fixed dividend payments.