6-2 Termination of Offers

Front

The right of (blank) allows an offeror to withdraw an offer before it is accepted

Back

Revocation

Front

An acceptance to an offer must be received within the (blank) stated in the offer

Back

Time

Front

When an offeree rejects the offer, the offer is (blank)

Back

Terminated

Front

A (blank) occurs when the offeree changes the offeror's terms

Back

Counteroffer

Front

A (blank) is made when an offeree gives the offeror something of value in return for a promise to keep the offer open.

Back

Option

Front

(blank) are those who regularly deal in bought or sold goods

Back

Merchants

Front

A counteroffer terminates the (blank) offer

Back

Original

Front

The (blank) makes firm offers binding for the time stated

Back

Uniform Commercial Code

Front

A contractual proposal by a merchant for the sale or purchase of goods stating in a signed writing how long it is to stay open is called a (blank)

Back

Firm Offer

Front

Death or (blank) on the part of the offeror or the offeree terminates their offer.

Back

Insanity