Which of the Following Is Not a Required Element of a Valid

question 5

Multiple Choice

Which of the following is not a required element of a valid offer?

• A) Serious intent by the offeror.
• B) Intent by the offeror to be bound by an agreement.
• C) Reasonably definite terms.
• D) Communication to the offeree.
• E) A written document setting forth terms of the offer.

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Definitions:

Geographic Areas

Specific locations or regions defined by natural or artificial boundaries used for analysis, management, or marketing purposes.

Customer Tastes

The preferences and inclinations of consumers that influence their purchasing behaviors, which can vary widely across different segments of the market.

Trademarks

Legally registered symbols, names, or slogans used to identify and distinguish products or services of a particular source.

Trade Names

The commercial names used by businesses to operate in the market, often different from their legal registered names.