Which of the following is a 4 Ways to Kill an Offer?

Which of the following is a 4 Ways to Kill an Offer?

• A. Revoke, Decline, Counter, Expire
• B. Accept, Negotiate, Delay, Withdraw
• C. Offer, Counter, Extend, Postpone
• D. Negotiate, Delay, Accept, Expire

Answer: (A)

Before an offer is accepted, it can be terminated in four common ways. The offeror can revoke it, pulling it back. The offeree can decline or reject it. The offeree can respond with a counteroffer, which ends the original offer and creates a new terms proposal. And the offer can expire if the time limit passes or if no time is stated but a reasonable period elapses. When any of these happen, there’s no longer an offer to accept, so the chance to form a contract is gone. The other options mix actions that don’t terminate the offer in the same way: accepting an offer actually forms a contract rather than killing the offer; negotiating or delaying describes processes that keep the offer alive; and terms like extend or postpone aren’t standard ways to terminate an offer.

Before an offer is accepted, it can be terminated in four common ways. The offeror can revoke it, pulling it back. The offeree can decline or reject it. The offeree can respond with a counteroffer, which ends the original offer and creates a new terms proposal. And the offer can expire if the time limit passes or if no time is stated but a reasonable period elapses. When any of these happen, there’s no longer an offer to accept, so the chance to form a contract is gone.

The other options mix actions that don’t terminate the offer in the same way: accepting an offer actually forms a contract rather than killing the offer; negotiating or delaying describes processes that keep the offer alive; and terms like extend or postpone aren’t standard ways to terminate an offer.