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Nata [24]
2 years ago
13

Revocation of an offer is valid once it is __________________.

Business
2 answers:
Amiraneli [1.4K]2 years ago
5 0

Revocation of an offer is valid once it is <u>B. received</u> by the offeror (the person making the offer), meaning that it has been communicated to the other party by the offeree.

<h3>What is the revocation of an offer?</h3>

The revocation of an offer is the nullification or canceling of an offer by the offeree.  It becomes effective when the offeree communicates to the offeror before acceptance.

Once the revocation has been communicated, the offer is no longer considered valid and cannot legally be accepted. The implication is that revocation goes into effect immediately it has been communicated to the relevant party.

Thus, revocation of an offer is valid once it is <u>B. received</u> by the offeror.

Learn more about offer revocations at brainly.com/question/26532053

vampirchik [111]2 years ago
3 0

Revocation of offer is valid once it is received by the offer or that is the person making the offer.

<h3>What is Revocation of an offer?</h3>

Revocation of offer refers to the process of withdrawing former offer use for any form legally binding contract engagement. The former offer would have become legally binding if the other party had formally agreed to the offer.

Once, Revocation of offer has been communicated, it is no longer conferred valid and legal again.It cannot be accepted.

Therefore, Revocation of offer is valid once it is received by the offer or that is the person making the offer

Learn more about Revocation of offer from the link below.

brainly.com/question/2653053

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