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