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NCMA Exam CPCM Topic 6 Question 103 Discussion

Actual exam question for NCMA's CPCM exam
Question #: 103
Topic #: 6
[All CPCM Questions]

In Waiver principle according to Common law, an offer is presumed revocable unless stated otherwise.

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Suggested Answer: B

by Maricela at Nov 16, 2024, 01:00 AM

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Tomoko
3 months ago
True, unless the offer says it's irrevocable. Common law 101, people!
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Billi
3 months ago
Haha, this is like a trick question. Of course the answer is true, everyone knows that!
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Erinn
2 months ago
Nope, it's definitely true. Offers are generally revocable.
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Curtis
2 months ago
B) False
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Claudio
2 months ago
Exactly, it's a basic principle of contract law.
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Ronald
3 months ago
A) True
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Stefania
3 months ago
This is a classic question. Definitely true, the common law position is that offers are revocable.
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Tyra
2 months ago
I agree, the default position is that offers are revocable unless there is a specific statement indicating otherwise.
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Sue
2 months ago
That's correct, offers are presumed revocable under the common law principle of Waiver.
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Adelina
2 months ago
A) True
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Noah
3 months ago
I think it's False. There could be cases where an offer is not revocable, depending on the circumstances.
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Daisy
3 months ago
I agree with Daisybye. It makes sense that an offer would be revocable by default.
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Sharan
3 months ago
I agree, the Waiver principle means the offer is presumed revocable by default.
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Bobbye
3 months ago
True. An offer is presumed revocable unless stated otherwise.
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Dannette
3 months ago
True, that's the standard rule in common law. Unless the offer explicitly states it's irrevocable, it can be revoked.
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Eun
2 months ago
Incorrect, the default assumption is that an offer is revocable in common law.
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Tiffiny
2 months ago
B) False
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Micah
2 months ago
That's correct, an offer is generally revocable unless specified otherwise.
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Frederica
3 months ago
A) True
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