Question: QUESTION 4 An offer that cannot be revoked because an offeror promises to hold the offer open for a specified time in exchange for payment

QUESTION 4
An offer that cannot be revoked because an offeror promises to hold the offer open for a specified time in exchange for payment is known as:
a preliminary agreement
an option contract
a counteroffer
a valid offer by past consideration
 QUESTION 4 An offer that cannot be revoked because an offeror

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