Which of the Following Is True Regarding When an Offer

question 103

Multiple Choice

Which of the following is true regarding when an offer may be rejected by an offeree?

• 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 a rejection is received prior to the expiration of that time.
• C) An offer must remain open for at least two days before an offeree may reject it.
• D) An offer must remain open for at least three days before an offeree may reject it.
• E) An offer must remain open for at least four days before an offeree may reject it.

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