Which of the following is true of a valid offer?
A)It is indefinite in nature.
B)It is instituted by the offeree to the offeror.
C)It is seriously intended.
D)It can be accepted by anyone who hears about it.

Question

Which of the following is true of a valid offer? ​
A)It is indefinite in nature.
B)It is instituted by the offeree to the offeror.
C)It is seriously intended.
D)It can be accepted by anyone who hears about it.

Quizplus · Accepted Answer

A valid offer must be seriously intended, meaning it is made with the intention to be bound by it if accepted. Offers must be definite and communicated from the offeror to the offeree, and can only be accepted by the party to whom they are made.

Which of the Following Is True of a Valid Offer