Which of the Following Statements Is TRUE

Multiple Choice

Which of the following statements is TRUE?

A) Neither party can revive an offer once a counter offer has been made.
B) The death or insanity of either the offeror or the offeree will always prevent acceptance.
C) There cannot be a "meeting of the minds" if the offeror accepts the offeree's counter offer.
D) An option will never come to an end by the mere lapse of time.
E) A firm offer can be accepted any time before it is terminated.