A standing offer is
A) one that can be revoked even after acceptance.
B) an offer that is made and withdrawn before it is accepted.
C) one that is said to stand because it is fixed and cannot be changed.
D) one that may be accepted from time to time as needed.
E) one that cannot be revoked after acceptance without the consent of the offeree.

Question

Quizplus · Accepted Answer

A standing offer is one that is open for a certain period of time or until a certain number of goods or services have been provided. It is not specific to one particular transaction, but rather allows for multiple transactions to be made as needed. Therefore, option D is the best choice.

A Standing Offer Is