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.

ATrue

BFalse

Show Suggested Answer

Suggested Answer: B

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

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Tomoko

4 days ago

True, unless the offer says it's irrevocable. Common law 101, people!

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Billi

7 days ago

Haha, this is like a trick question. Of course the answer is true, everyone knows that!

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Stefania

9 days ago

This is a classic question. Definitely true, the common law position is that offers are revocable.

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Noah

11 days 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

12 days ago

I agree with Daisybye. It makes sense that an offer would be revocable by default.

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Sharan

18 days ago

I agree, the Waiver principle means the offer is presumed revocable by default.

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Bobbye

20 days ago

True. An offer is presumed revocable unless stated otherwise.

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Dannette

20 days 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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Frederica

8 days ago

A) True

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