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Which of the following is true regarding when an offeree may reject an offer? a)

ID: 422102 • Letter: W

Question

Which of the following is true regarding when an offeree may reject an offer? a) Regardless of how long an offeror states that an offer will be held open, once the offeree rejects it, the offer is terminated. b) If the offeror states that an offer will be held open for a certain amount of time, then it is open for that length of time even if the offeree rejects the offer prior to the expiration of that time. c) An offer must remain open for at least three business days before an offeree may reject it. d) An offer must remain open for at least seven calendar days before an offeree may reject it. e) An offer must remain open for at least thirty calendar days before an offeree may reject it.

Explanation / Answer

The correct option is

The free consent is necessary for making a valid contract. In this regard when the offeree rejects the offer will be terminated. So this is the correct option

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