Which of the following is true?
A) After making a counteroffer a party may accept the original offer.
B) A rejection terminates the offer and ends the power to accept the offer
C) If the offer specifies no time limit,the offeree has 2 day to accept.
D) all of the above

Question

Quizplus · Accepted Answer

A rejection terminates the offer and ends the power to accept the offer. After a rejection, the offeree cannot later accept the original offer. Choice A is false because making a counteroffer terminates the original offer. Choice C is also false because if the offer specifies no time limit, the offer remains open until it is either accepted, rejected or revoked.

Which of the Following Is True