The rejection of an offer terminates the offer even if the offeror shows the intent to keep the offer open.Group of answer choicesTrueFalse

Analysis of the Statement

1. Understanding the Offer: An offer in contract law is a proposal by one party to another intended to create a legally binding agreement upon acceptance.

2. Rejection of Offer: When an offeree rejects an offer, they indicate that they do not accept the terms proposed by the offeror. This act of rejection typically terminates the offer.

3. Intent to Keep Open: The offeror may express a desire to keep the offer open despite the rejection; however, once the offer is rejected, it is no longer valid.

Final Conclusion

The statement is True. The rejection of an offer terminates the offer, regardless of the offeror's intent to keep it open.