Asked by Samantha Ortiz on May 01, 2024
Verified
If the subject matter of an offer becomes illegal,what is the result?
A) The offer immediately terminates.
B) The offer is still valid,as long as the offer was made at least three calendar days before the subject matter of the offer became illegal.
C) The offer is still valid,as long as the offer was made at least seven calendar days before the subject matter of the offer became illegal.
D) The offer is still valid,as long as the offer was made at least thirty calendar days before the subject matter of the offer became illegal.
E) The offer is still valid,as long as the offer is part of an otherwise enforceable option contract.
Illegal
Activities or actions that are prohibited by law and subject to penalties.
Offer
A proposal by one party to enter into a legally binding agreement with another party.
- Elucidate the scenarios where an offer can be brought to an end.
Verified Answer
ZK
Zybrea KnightMay 05, 2024
Final Answer :
A
Explanation :
If the subject matter of the offer becomes illegal,the offer immediately terminates.
Learning Objectives
- Elucidate the scenarios where an offer can be brought to an end.