Lon Says to Misty, "I Would Like to Sell You

question 19

Multiple Choice

Lon says to Misty, "I would like to sell you my sofa." This statement is

• A)an offer.
• B)an invitation to negotiate, not an offer.
• C)an ad, not an offer.
• D)a request, not an offer.

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Definitions:

Manual

A handbook or guide that provides instructions or guidelines on how to perform tasks or operate machinery or equipment.

Computerized Accounting System

A software system that is used for processing accounting transactions and managing accounts with minimal manual input.

Title

The legal right to own or possess something, such as property or a title to a vehicle, representing ownership and legal possession.

Normal Balances

The side (debit or credit) of an account that is expected to increase, consistent with the principles of double-entry bookkeeping.