Mike Responds to Flavio's Statement That He Would Like to Buy

question 33

Multiple Choice

Mike responds to Flavio's statement that he would like to buy Mike's motorbike for $3,000 by saying that he would want $4,000, given the work he has put into it. Flavio says OK. I'll give you that. Here's $2,000, and I'll give a promissory note for the balance payable at $500 a month for the next 4 months." 1. There is a contract.
2) There is no contract.
3) Flavio's first statement to Mike was an invitation to do business.
4) Flavio's response was a counter offer.
5) Flavio's final statement to Mike was an acceptance.

• A) 1 and 3.
• B) 1, 3 and 4.
• C) 1, 3, 4 and 5.
• D) 2.
• E) 2 and 4.

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Definitions:

Isometric

Pertaining to exercises or muscle actions where the muscle length does not change and joints remain stationary.

Organic Fitness

A holistic approach to fitness that emphasizes natural movements and sustainable, healthful practices over synthetic methods and supplements.

Aerobic Exercise

Physical exercise of low to high intensity that depends primarily on the aerobic energy-generating process, such as running or cycling.

Lean Body Weight

The weight of the body after the exclusion of body fat; often used in calculating drug dosages and nutritional needs.