ContractsOffer_and_acceptanceHARD
All of the following describe events that terminate an offer EXCEPT
Correct Answer
C) The offeror's earnest money check clearing the bank
A check clearing is a banking function, not an event that terminates an offer. Revocation, counteroffer, and lapse all end the offeree's power to accept.
Answer Options
A
Revocation by the offeror before acceptanceB
Counteroffer by the offereeC
The offeror's earnest money check clearing the bankD
Lapse of the stated acceptance periodWhy This Is the Correct Answer
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Why the Other Options Are Wrong
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Deep Analysis of This Contracts Question
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Background Knowledge for Contracts
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Real World Application in Contracts
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Common Mistakes to Avoid on Contracts Questions
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Related Topics & Key Terms
Key Terms:
offer_and_acceptancereverse_questionexcept_nottermination
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