Which of the Following Will Not Generally Automatically Terminate an Open

question 47

Multiple Choice

Which of the following will not generally automatically terminate an open offer?

• A)Death of the offeror.
• B)Death of the offeree.
• C)Changed economic circumstances.
• D)Destruction of the subject matter of the contract.
• E)Supervening illegality of the object of the contract.

---

Definitions:

Normally Distributed

Describes a statistical distribution where data points are symmetrically distributed around the mean, showing a bell-shaped curve pattern.

Periodic Review Policy

A method of inventory control where stock levels are checked at fixed intervals and orders are placed accordingly.

CSL (Cycle Service Level)

An inventory management metric that measures the probability that the inventory level will not stock out within one replenishment cycle, typically expressed as a percentage.

Normally Distributed

Normally distributed refers to a statistical distribution where data is symmetrically distributed around the mean, forming a bell-shaped curve commonly seen in many natural and social phenomena.