Under common law, _____.
A) a contractual obligation may arise even if the agreement has open terms
B) an offer can be revoked at any time prior to acceptance unless the offeror has given the offeree an option
C) if the acceptance is the same as the offer, no contract results
D) there is no consideration if one party wants to forgive another's breach by written waiver or renunciation signed and delivered by the aggrieved party
E) no written agreement is required to discharge a breaching party

Question

Quizplus · Accepted Answer

Under common law, an offer can be revoked at any time prior to acceptance unless the offeror has given the offeree an option that must be supported by consideration (such as paying for the option).

Under Common Law, _____