When is a rejection of an offer effective?

Unlock all questions

This demo includes only 20 questions. Upgrade to access hundreds of questions, flashcards, exam simulations, and disable ads.

Full question bankExam simulationsFlashcards
From $24.99Unlock all

Prepare for the Bar Exam with our Mnemonics Test. Boost your memory and understanding using flashcards and multiple choice questions, each with detailed hints and explanations. Get ready to ace your exam!

Multiple Choice

When is a rejection of an offer effective?

Explanation:
A rejection ends the offer when the offeror actually receives it. The offeree must communicate the rejection, and that communication must reach the offeror for it to take effect. Until it is received, the offer remains open and could be accepted. This contrasts with how some acceptances work, which can be effective upon dispatch, but rejections terminate the offer only upon actual receipt by the offeror.

A rejection ends the offer when the offeror actually receives it. The offeree must communicate the rejection, and that communication must reach the offeror for it to take effect. Until it is received, the offer remains open and could be accepted. This contrasts with how some acceptances work, which can be effective upon dispatch, but rejections terminate the offer only upon actual receipt by the offeror.

More Multiple Choice Questions
Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy