Which of the Following Is NOT One of the Rules

question 18

Multiple Choice

Which of the following is NOT one of the rules relating to the making of an offer?

• A)All the terms of the offer must be brought to the attention of the offeree.
• B)A request for information is not an offer.
• C)Every offer must be communicated to the offeree by the offeror.
• D)Every offer must be to either one person,a particular class of persons,or to the world at large.

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Definitions:

Operating Income

The income generated from the primary activities of a business, determined by deducting operating costs from the gross profit.

Selling Price

The amount a buyer pays to purchase a product or service from a seller.

Variable Cost

A cost that varies with the level of output or production, such as materials and labor directly involved in manufacturing.

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business, such as rent or a salaried employee's wages.