Asked by
Harshita Kumari
on Nov 21, 2024Verified
When considering whether an offer has expired, what is presumed to be a reasonable amount of time?
A) Forty-eight hours.
B) Seven days.
C) Ten days.
D) Forty-five days.
E) There is no set amount of time, and what constitutes a reasonable amount of time varies depending upon the subject matter of the offer.
Reasonable Amount
A quantity or level of something that is considered fair, appropriate, and within legal or prudent limits under the circumstances.
- Understand the requisites and specific vocabulary needed to make an offer legally valid.
Verified Answer
AW
Learning Objectives
- Understand the requisites and specific vocabulary needed to make an offer legally valid.