menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Contemporary Business
  4. Exam
    Exam 10: Agreement and Consideration
  5. Question
    If You Promise to Keep an Offer Open Until 4:00
Solved

If You Promise to Keep an Offer Open Until 4:00

Question 127

Question 127

True/False

If you promise to keep an offer open until 4:00 p.m.and no consideration is exchanged when the offer is made,that offer may not be revoked prior to 4:00 p.m.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q122: If no time is stated in the

Q123: Can silence be considered acceptance of an

Q124: A(n)_ by the offeree simultaneously terminates the

Q125: Since contract law applies a "reasonable person

Q126: Which of the following does not terminate

Q128: Revocation may be made by the offeror's

Q129: There is an existing contract calling for

Q130: The common law of contracts requires an

Q131: Two friends,Ann and Mary,are having Margaritas at

Q132: Which of the following will not generally

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines