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F4 – Tricky question – Termination of an offer

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › F4 – Tricky question – Termination of an offer

  • This topic has 5 replies, 2 voices, and was last updated 6 years ago by MikeLittle.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • March 27, 2019 at 2:37 pm #510600
    lavish111
    Participant
    • Topics: 2
    • Replies: 4
    • ☆

    Which of the following would NOT terminate an offer?

    A. Acceptance
    B. A counter-offer
    C. Death of the offeree
    D. Revocation by the offeror

    March 27, 2019 at 5:27 pm #510627
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    And what does the answer tell you?

    March 28, 2019 at 4:18 am #510660
    lavish111
    Participant
    • Topics: 2
    • Replies: 4
    • ☆

    I do not have the answer and it is from an ACCA practice test and have accordingly informed ACCA of this error. They will reply in two working days.

    March 28, 2019 at 4:15 pm #510715
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    I can only imagine that the answer should be revocation.

    This is effective after the offeree has received the offer but before the offeree has accepted it

    IF the offeree has already accepted, then the offeror can no longer effect revocation

    A further limitation on revocation is when the offer was stated to be “irrevocable”

    But, so far as I can see, this is the only plausible answer!

    OK?

    March 29, 2019 at 10:28 am #510778
    lavish111
    Participant
    • Topics: 2
    • Replies: 4
    • ☆

    Thank you very much. This is highly appreciated, I was muddled with this question but now I understand.

    March 29, 2019 at 10:40 am #510781
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23309
    • ☆☆☆☆☆

    You’re welcome

  • Author
    Posts
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