Once Made,an Offer Cannot Be Revoked

question 71

True/False

Once made,an offer cannot be revoked.

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Definitions:

Interest Rate

The rate of a loan that is attributed as interest for the borrower, often presented as an annual percentage of the outstanding amount of the loan.

Bankruptcy

A legal procedure for dealing with debt problems of individuals and businesses; officially declaring the inability to pay outstanding debts.

Appliance Manufacturer

A company involved in designing, producing, and selling electrical or mechanical devices for domestic use.

Mutual Fund

An investment program funded by shareholders that trades in diversified holdings and is professionally managed.