What defines a revocable contract in funeral services?

A revocable contract in funeral services is defined as one that may be terminated prior to the beneficiary's death. This characteristic allows the purchaser or the individual involved to change their mind and either cancel the agreement or alter its terms before the final services are rendered. It provides flexibility to those who may have a change in circumstances or preferences.

The other answer options highlight attributes that do not apply to a revocable contract. A scenario where a contract stands firm until the service date suggests a binding agreement, indicating that neither party has the option to change it, which is the opposite of revocability. A contract that cannot be modified once signed implies a rigidity that contradicts the fundamental nature of revocability. Finally, a contract without refund options typically implies a level of commitment that is characteristic of a non-revocable arrangement, where once the agreement is entered into, the funds or services cannot easily be returned or adjusted.