Red Offers to Pay Sari to Deliver Certain Documents Within

question 38

Multiple Choice

Red offers to pay Sari to deliver certain documents within thirty minutes. Sari can accept the offer only by completing the task within the deadline. If she does, Red and Sari will have

• A)a bilateral contract.
• B)a unilateral contract.
• C)a void contract.
• D)an executive contract.

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Definitions:

Quarterly Withdrawals

Withdrawals made from an account or investment every three months.

Investment Earning

The profit generated from investing capital in financial assets, such as stocks, bonds, or real estate.

Compounded Annually

Interest calculation method where interest is added to the principal once a year.

Rate of Return

The gain or loss on an investment over a specified period, expressed as a percentage of the investment's initial cost.