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Ron uses his status message on his Facebook account to invite his friends to buy his desktop computer. Carl, a friend, is interested and calls Ron to express his interest. Ron tells him that he is selling the computer for $400. Carl responds by saying that he is ready to buy it for $350. Ron thinks about it for a while and accepts the offer. They decide to make the exchange after three days. But the next day, Ron puts up another update on his Facebook account saying that he has decided not to sell his computer.
-Carl's response to Ron's offer is considered as a(n) ________.
Legal Fees
Costs incurred for legal services provided by attorneys or law firms to individuals or organizations.
Par Value
A nominal or face value assigned to a share of stock or bond, indicating its worth at the time of issue.
Common Stock
Common stock is a form of corporate equity ownership, a type of security representing an ownership interest in a corporation.
Par
The face value of a bond or the stock value stated on the certificate, unrelated to its market value.
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