ETH 321 Week 3 Knowledge Check
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ETH 321 Week 3 Knowledge Check ETH 321 Week 3 Knowledge Che 1
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1. In which case is an offer irrevocable?
When the offeree has not made any preparations before accepting the offer
When the offeree has partly acted upon the offer
When the offer is not in the form of an option contract
When the offeree’s response contradicts the offer even minimally
2. What does the mailbox rule, in the context of common law contracts, state?
An offeror cannot revoke his or her offer under any circumstance.
An offeror must receive a written document of acceptance by the offe...
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ETH 321 Week 3 Knowledge Check•ETH 321 Week 3 Knowledge Check
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1. In which case is an offer irrevocable?
When the offeree has not made any preparations before accepting the offer
When the offeree has partly acted upon the offer
When the offer is not in the form of an option contract
When the offeree’s response contradicts the offer even minimally
2. What does the mailbox rule, in the context of common law contracts, state?
An offeror cannot revoke his or her offer under any circumstance.
An offeror must receive a written document of acceptance by the offe...