Which One of the Following Will Not End an Offer

question 158

Multiple Choice

Which one of the following will not end an offer?

• A)The offeror communicates a revocation of the offer.
• B)The offer is said to be open for three weeks and the three weeks expire.
• C)The offeror sells the goods being offered to someone else.
• D)The offeror dies.
• E)The offeree makes a counter-offer.

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Definitions:

Bank Account

A financial account maintained by a bank or another financial institution in which the deposits, withdrawals, and balances of a customer are recorded.

Maturity Value

The sum owed to an investor at the conclusion of a fixed-duration investment, encompassing both the original amount invested and the accrued interest.

Promissory Note

A financial instrument constituting a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Simple Interest

Interest calculated solely on the principal amount of a loan or deposit, without compounding.