Multiple choice

Which of the following is correct?

  1. Recission must be communicated to the other party in the same manner as a proposal is communicated.

  2. Recission must be revoked in the same manner as a proposal is communicated.

  3. Communication of recission is optional.

  4. Both (1) and (2)
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Recission (revocation of offer) must follow the same communication rules as the proposal itself. It must be communicated to the other party and can be revoked in the same manner as the proposal was communicated. Both statements (1) and (2) correctly state these requirements.

Keep practicing — related questions