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Question: An offer allowed to remain open for acceptance over a period of time is known as:
(a) Standing Offer
(b) Continuing Offer
(c) Open Offer
(d) All of the above

Answer: (d) All of the above
Description:An offer that is allowed to remain open for acceptance over a period of time is known as standing, open or continuing offer. Tender for supply of goods is a kind of standing offer.



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Question: An offer allowed to remain open for acceptance over a period of time is known as:
(a) Standing Offer
(b) Continuing Offer
(c) Open Offer
(d) All of the above

Answer:

(d) All of the above
Description:An offer that is allowed to remain open for acceptance over a period of time is known as standing, open or continuing offer. Tender for supply of goods is a kind of standing offer. Source: CoolInterview.com



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Latest 20 Questions
Payment of time- barred debt is: (a) Valid (b) Void (c) Illegal (d) Voidable
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