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fill in the 11. The offeror's act of revoking, or withdrawing, an offer is known as revocation. Unless the offer is , it can be

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11. The offeror's act of revoking, or withdrawing, an offer is known as revocation. Unless the offer is , it can be revoked at an),' time before acceptance without . A rejection of an offer can be accomplished by words or actions that demonstrate a clear not to accept the offer and is not effective until by the offeror or the offeror's agent. A counteroffer is a of the original offer and the making ofa new Fill in the blanks with words that would best complete the passage. received intent consideration disregard offer revocable liability rejection irrevocable 12. Drag and drop the appropriate words to ll in The Methods by Operation of Lowfor Termination of on O'er. 1. Lapse oftime: The offer terminates at the end of the time period specified in the offer; or, if no time period is stated in the offer, the offer will terminate at the end of a time period. 2. Destruction of the subject matter: When the specific subject matter of the offer is before the offer is accepted, the offer terminates. 3. Death or incompetence of the oeror or ojjferee: If the offeror or offeree dies or becomes , this offer terminates (unless the offer is ). 4. Superveningiiiegoiiiy. When a statute or court decision makes the proposed contract , the offer automatically terminates. Fill in the blanks with words that would best complete the passage. automatically legal illegal unreasonable revocable competent irrevocable incompetent destroyed reasonable

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