Convert the Following Direct Quote to Dollar Indirect Quote: 1

question 108

Multiple Choice

Convert the following direct quote to dollar indirect quote: 1 Indian rupee = $0.2110.

• A) 5.0226 rupee
• B) 4.7393 rupee
• C) 4.8814 rupee
• D) 4.9097 rupee

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Definitions:

Offeree's Counteroffer

A response to an original offer in which the offeree proposes a different agreement, effectively rejecting the initial offer.

Offeror's Revocation

The withdrawal of an offer by the offeror that can occur any time before it is accepted by the offeree, terminating the offer.

Contractual Intent

The clear intention of the parties to a contract to create a legally binding agreement.

Definite

Clearly stated or decided; not vague or doubtful, often referring to terms or conditions that are explicitly specified.