Paralegal Exam Prep

Category - Contracts

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When can a party who makes an offer revoke it?

At any time prior to acceptance.
At any time prior to communicating the offer to the offeree.
Once an offer is made it cannot be revoked.
At any time before it is put in writing.
At any time before it is mailed to the offeree.

Explanation

Answer: A. A party who makes an offer can revoke it at any time prior to acceptance. To effectively revoke an offer, the offeror must notify the offeree of the revocation. An offer can also be revoked by the lapse of time without acceptance or by the death of the offeror.

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