Contracts
Under Florida law, when can an offer be revoked by the offeror before acceptance?
ANever — once an offer is submitted, the offeror must wait for acceptance or rejection
BAny time before acceptance is communicated to the offeror✓ Correct
COnly within 24 hours of submitting the offer
DOnly if the offer hasn't been presented to the seller yet
Explanation
Under contract law, an offer can be revoked any time before acceptance is communicated to the offeror, unless the offeror is bound by a separate option agreement or other consideration supporting the offer's irrevocability. Once proper acceptance is communicated, the offer can no longer be revoked — a binding contract exists.
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