Asked by Tristen Peterson on Jun 27, 2024
Verified
If the subject matter of the offer is destroyed or becomes illegal,the offer is rescindable at the election of the offeror or the offeree.
Subject Matter
The topic or substance of discussion, debate, analysis, or interest, particularly in a legal document or context.
Rescindable
Refers to a contract or deal that can be legally canceled or revoked.
- Recognize the effects of law on contracts, including enforceability and performance.
Verified Answer
SR
Samuel RezendeJul 02, 2024
Final Answer :
False
Explanation :
If the subject matter of the offer is destroyed or becomes illegal,the offer immediately terminates.For example,if Jamie offers Bill a job managing the riverboat casino Jamie plans to open on January 1,but before Bill accepts the offer the state decides no longer to allow riverboat casinos to operate in the state,the offer of employment terminates.
Learning Objectives
- Recognize the effects of law on contracts, including enforceability and performance.
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