Rahul Met Jones at a Street Corner and Made a Verbal

question 38

True/False

Rahul met Jones at a street corner and made a verbal offer to buy his canoe for $200. Jones replied that he would "think about it." Rahul nodded affirmatively. The two then went about their separate business. Later in the day, Rahul met Brown, who also had a canoe for sale, and Rahul offered to purchase Brown's canoe for $175. Brown agreed to sell Rahul his canoe. At 4 p.m. the same afternoon, after Rahul and Brown had made their arrangement, Jones telephoned Rahul to say he would accept Rahul's offer to buy his canoe. The acceptance by Jones was ineffective because Jones did not reply to Rahul by way of a written acceptance.

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Definitions:

IQ

Intelligence quotient (IQ) is a measure of a person's cognitive abilities and potential, compared to the average for their age group, usually determined through standardized testing.

Emotional Intelligence

The ability to understand, use, and manage emotions in positive ways to relieve stress, communicate effectively, empathize with others, and overcome challenges.

Interactions

Exchanges or communications between two or more entities, often leading to a mutual influence or outcome.

Exercise of Leadership

The implementation and practice of guiding and influencing others to achieve a common goal.