Asked by Larry Egerton on Apr 26, 2024
Verified
Once an offer is made, the offeror cannot revoke it.
Revoke
To officially cancel or withdraw an offer, license, right, or permission that has been granted.
- Familiarize oneself with the essential doctrines that determine contract enforceability.
Verified Answer
MF
Michael FanningMay 02, 2024
Final Answer :
False
Explanation :
An offeror can generally revoke an offer at any time before it is accepted, unless they have specifically agreed not to revoke it or if it is an option contract where consideration has been paid to keep the offer open for a specified time.
Learning Objectives
- Familiarize oneself with the essential doctrines that determine contract enforceability.