Which of the following acts brings an offer to an end?Group of answer choicescounter offer by the offereerevocation by the offereeany of these actions will end an offer.rejection by the offeror
Question
Which of the following acts brings an offer to an end?Group of answer choicescounter offer by the offereerevocation by the offereeany of these actions will end an offer.rejection by the offeror
Solution
Any of these actions will end an offer. In contract law, an offer can be terminated in several ways, including by a counter offer by the offeree, revocation by the offeree, or rejection by the offeror. Each of these actions signifies that the original offer is no longer open for acceptance.
Similar Questions
The rejection of an offer terminates the offer even if the offeror shows the intent to keep the offer open.Group of answer choicesTrueFalse
Indefiniteness in an "offer" indicates that the supposed "offeror" lacked the present intent to enter into a contract.Group of answer choicesTrueFalse
2 elements: an offer, an acceptance of an offer.Choose matching termMethods of terminating an offerElements of an exchange of promisesElements of an offerTypes of insurance
Today, an offeree may accept an offer in any reasonable manner no matter what the terms of an offer says.Group of answer choicesTrueFalse
An offeree may accept a stipulated offer by using any reasonable means.Group of answer choicesTrueFalse
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.