Multiple Choice
The offer which is allowed to remain open for the acceptance over a period of time is known as a/an
A) standing offer
B) specific offer
C) special offer
D) implied offer
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: The consideration is to be moved sometime
Q12: A consideration may be<br>A)past<br>B)present<br>C)future<br>D)either (a) or (b)
Q13: When the contract is perfectly valid but
Q14: Terms of the offer must be<br>A)ambiguous<br>B)uncertain<br>C)definite<br>D)vague
Q15: The term privity of contract means<br>A)stranger to
Q17: A offers to sell his car on
Q18: The unpaid seller can exercise his right
Q19: An agreement not supported by the consideration
Q20: When a person invites the other party
Q21: Where a contract has to be inferred