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Question
Ian, a lawyer, sent an offer to Raymond on October 1 offering to sell Ian's car for $5,000. The offer did not contain a provision stating when it would terminate. Under these circumstances, when will that offer terminate?
A. After 5 days, as per the "5 day rule."
B. After 10 days, as per the "10 day rule."
C. After a "reasonable" period of time.
D. When either Ian or Raymond terminates it.
Answer
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