Asked by
Leonardo Barbosa
on Nov 21, 2024Verified
Which of the following provides that a revocation is effective only when received by the offeree?
A) The Acceptance Rule
B) The Contract Rule
C) The Reasonable Rule
D) The Mailbox Rule
E) The Contract Legality Rule
Revocation
The official cancellation or withdrawal of an offer, license, right, or privilege.
Mailbox Rule
A legal principle stating that an offer is considered accepted once the acceptance is dispatched by the offeree, not when received by the offeror.
- Acquire knowledge about the situations in which an offer for a contract can be nullified.
Verified Answer
TL
Learning Objectives
- Acquire knowledge about the situations in which an offer for a contract can be nullified.
Related questions
Which of the Following Was the Result in the Case ...
Repudiation Occurs When One Party Indicates That They Do Not ...
For a Contract to Be Ended by Agreement, There Must ...
Legal Tender in Canada Consists of Government-Produced Coins and Bills ...
Which of the Following Is True with Regard to Ending ...