Suppose at the end of the meeting that Jack agrees to offer the restaurant buyout, including the non-competition agreement. Prior to Jack and Sophia agreeing to the offer, however, Jack changes his mind. Can he do so?
A.) No, once an offer is made, it can never be revoked.
B.) No, unless the offer states that it is revocable.
C.) Yes, as long as he actually communicates the revocation to Hal and Sophia (or their agent) prior to acceptance.
D.) Yes, and there is no need to actually communicate the revocation to Hal and Sophia (or their agent) prior to acceptance.