Which of the Following Actions Does NOT Constitute an 'Offer

question 42

Multiple Choice

Which of the following actions does NOT constitute an 'offer'?

• A)A homeowner advertises his house for sale with an asking price of $450,000
• B)A customer selects a grocery item from a shelf and presents her credit card to the cashier as payment for it
• C)A person places an ad on Kijiji to sell a motorcycle for $3,800
• D)A storeowner displays cheese for sale with a price tag of $4 per package
• E)All of the above are valid offers

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Definitions:

Manufacturing Overhead Budget

A financial plan that estimates the costs related to the production process other than direct labor and materials.

Variable Overhead Costs

Costs that fluctuate with production volume, such as utilities or raw materials, and are part of the total overhead costs.

Direct Labor Time

Direct labor time is the amount of time spent by workers directly involved in the production of goods or services, excluding time of indirect labor like maintenance or supervision.

Direct Materials Budget

A financial plan that estimates the raw materials needed for production and the associated costs.