If One Swiss Franc Can Purchase $0

question 2

Multiple Choice

If one Swiss franc can purchase $0.71 U.S. dollars, how many Swiss francs can one U.S. dollar buy?

• A) 0.50
• B) 0.71
• C) 1.00
• D) 1.41
• E) 2.81

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Definitions:

Valid Contract

A legally binding agreement between parties that meets all required elements, such as offer, acceptance, consideration, and lawful purpose.

Eliminates Need

Removes the requirement or necessity for something, making it unnecessary.

Valid Offer

A proposal made in terms which are clear enough to be accepted and form a legally binding contract.

Communicated

Information or ideas that have been shared or transmitted between parties, through verbal, written, or nonverbal methods.