UOP ETH 321 Entire Course UOP ETH 321 Week 3 Knowledge Check NEW | Page 2

An offeror cannot revoke his or her offer under any circumstance.

An offeror must receive a written document of acceptance by the offeree in order for an offer to be considered accepted.

An offeree is said to have accepted an offer as soon as he or she dispatches the acceptance

An offeree can use any method of acceptance, even if it has not been specified by the offeror.

3 Which of the following meets the consideration requirement of contracts?

When a promiser pledges to perform a legal duty

When a promisee gives up a legal right

When a promiser gifts a property of high value to someone

When a promisee provides a gift for a favor done in the past