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

Verified
Correct Answer:
Verified
Q47: Gordon sends a letter to Thomas that
Q48: The Town of Oxbridge wants to build
Q49: In early March, Mathilde offered to rent
Q50: You have developed a business proposal called
Q51: By submitting a tender, a party normally<br>A)creates
Q53: Gigagar Inc manufactures computer components.It wants to
Q54: If you insert a coin into a
Q55: The phrase quid pro quo means<br>A)something for
Q56: An offer can be revoked<br>A)even if it
Q57: In late April, Harper Corp placed an