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Which of the following is correct regarding the duration of an offer? Multiple choice question. An offer that does not specify a time limit is

Which of the following is correct regarding the duration of an offer? Multiple choice question. An offer that does not specify a time limit is considered to be an invalid offer. An offeror cannot revoke an offer any time prior to acceptance. An offer is allowed to remain open for an express period. An offer is valid even if rejected upon the receipt of a counteroffer

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