Bill Makes Cynthia an Offer to Buy Her Car

question 57

Multiple Choice

Bill makes Cynthia an offer to buy her car. Cynthia can

• A) accept the offer.
• B) reject the offer.
• C) make a counteroffer.
• D) accept the offer or reject the offer only.
• E) accept the offer, reject the offer, or make a counteroffer.

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Definitions:

1912

A year in the early 20th century notable for several significant historical events, including the sinking of the Titanic.

Sixteenth Amendment

An amendment to the U.S. Constitution, ratified in 1913, granting Congress the power to levy an income tax.

Tax Rate

The percentage at which an individual or corporation is taxed by the government, which can vary based on income level, type of goods, or activities.

Industrial World

Societies or regions that have undergone industrialization, characterized by significant technological advancement and a focus on manufacturing and production.