Asked by jennifer ocampo on Jun 10, 2024
Verified
A revocation of an offer is effective only when it has been communicated to the offeree.
Revocation
The official cancellation or withdrawal of an offer, agreement, or license, rendering it null and void.
Communicated
The act of conveying, transmitting, or exchanging information or ideas through various means.
- Understand the significance and impact of acceptance, offer, and communication in the creation of contracts.
Verified Answer
AP
Amanda PettiferJun 12, 2024
Final Answer :
True
Explanation :
For a revocation to be effective, it must be communicated to the offeree before they have accepted the offer, ensuring that the offeree is aware that the offer is no longer available.
Learning Objectives
- Understand the significance and impact of acceptance, offer, and communication in the creation of contracts.