What is the meant by the statement that an offer extended by one party to another can be accepted only if it is "alive?"
A) that the time for acceptance by the offeror is not specified
B) that the offer must be available for acceptance
C) that the offeree has extended a valid offer to treat
D) that the rejection of a conditional offer has transpired

Question

Quizplus · Accepted Answer

An offer being "alive" means that it is still available for acceptance by the offeree. If the offer has expired or been revoked, it is no longer "alive" and can no longer be accepted. Therefore, the offer must be available for acceptance in order for it to be accepted. Choice A is not relevant as it pertains to the offeror's time for acceptance, not whether the offer is "alive." Choice C is incorrect as it describes the offeree extending an offer, which is not what is being discussed. Choice D is also irrelevant as it pertains to a conditional offer, not the general concept of an offer being "alive."

What Is the Meant by the Statement That an Offer