If the Offeror Acknowledges the Rejection but Restates the Offer

question 29

Multiple Choice

If the offeror acknowledges the rejection but restates the offer, the offeree:

• A) loses the opportunity to accept but retains the authority to make a counteroffer.
• B) does not have any opportunity to accept, reject, or make a counteroffer.
• C) still has the opportunity to accept, reject, or make a counteroffer.
• D) cannot revive the offer or make a counteroffer.

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Definitions:

Past Due Account

A financial account that has not been paid by the deadline.

Comprehension

Knowledge or understanding of an object, a situation, an event, or a verbal statement.

Retaining Information

The process of keeping or maintaining knowledge in the memory for a period of time.

Releasing Information

The process of providing or disseminating information to parties who are authorized to receive it.