A Rejection of an Offer Is Generally Not Effective Until

question 38

True/False

A rejection of an offer is generally not effective until it is received by the offeror.

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Definitions:

Japan

An island country located in East Asia, known for its rich culture, technological advancements, and historical significance.

China

A country located in East Asia, known for being the most populous nation in the world and having one of the largest economies globally.

Imbalance of Trade

A situation where the value of a country's imports and exports is not equal, leading to a trade surplus or deficit.

Exceeded

means to go beyond an established limit or surpass a certain standard or level.