Which of the Following Would Be Considered an Offer to Form

question 54

Multiple Choice

Which of the following would be considered an offer to form a unilateral contract?

• A)advertisement
• B)auction without reserve
• C)reward offer
• D)auction with reserve

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Definitions:

Sampling Distribution

Probabilistic distribution outcomes for a predetermined statistic, based on a sample chosen at random.

DVD Rental Store

A physical retail business that rents out DVDs for a short-term period, allowing customers to watch movies or TV shows at home.

Simple Random Sample

A portion of a statistical population where every member in that portion is equally likely to be selected.

Mean Difference

The average difference between two sets of data. It is commonly used in comparisons of before and after measurements or between experimental and control groups.