Termination of an offer by the parties involved can be done by all of the following except:
A) revocation of offer before acceptance
B) counteroffer
C) revocation after acceptance
D) lapse of time
E) all of the other choices are valid ways to terminate

Question

Quizplus · Accepted Answer

Once an offer has been accepted, it becomes a legally binding contract and cannot be revoked unilaterally by either party. Therefore, revocation after acceptance is not a valid way to terminate an offer. All of the other choices are valid ways to terminate an offer.

Termination of an Offer by the Parties Involved Can Be