An offer cannot be terminated by
A) a rejection of the offer.
B) revocation of the offer.
C) sale to another party.
D) lapse.
E) a counteroffer.

Question

Quizplus · Accepted Answer

Once an offer has been accepted by another party, it becomes a binding contract and cannot be terminated by the seller's sale to another party. However, in this case, the offer has not yet been accepted, so the correct answer is C. The other choices (A, B, D, and E) all represent valid ways in which an offer may be terminated.

An Offer Cannot Be Terminated by