When can the offeror effectively revoke his/her offer?

A) Only after an effective acceptance.
B) Only before an effective acceptance.
C) Only before payment for goods or services has been made.
D) Only before the parties have completed their obligations under the contract.

Question

SadGal Shanya · Accepted Answer

Final Answer : B, Explanation :  The general common law rule on revocations is that offerors may revoke their offers at any time prior to acceptance.

When can the offeror effectively revoke his/her offer?

A) Only after an effective acceptance.
B) Only before an effective acceptance.
C) Only before payment for goods or services has been made.
D) Only before the parties have completed their obligations under the contract.

Definitions

Learning Objectives

Learning Objectives

Related questions

When can the offeror effectively revoke his/her offer?A) Only after an effective acceptance.B) Only before an effective acceptance.C) Only before payment for goods or services has been made.D) Only before the parties have completed their obligations under the contract.

Definitions

Learning Objectives

Learning Objectives

Related questions

When can the offeror effectively revoke his/her offer?

A) Only after an effective acceptance.
B) Only before an effective acceptance.
C) Only before payment for goods or services has been made.
D) Only before the parties have completed their obligations under the contract.