An Implied Method of Acceptance Is the Manner in Which

question 10

True/False

An implied method of acceptance is the manner in which the offer is made, and an acceptance communicated in an authorized manner is effective when dispatched.

---

Definitions:

Cash Flow

The net amount of cash being transferred into and out of a business, project, or financial product.

Required Return

The minimum annual percentage earned by an investment that will entice individuals or companies to invest their money.

Zero-Coupon Bond

A debt security that is issued at a discount and repaid at face value but does not pay interest during its life.

Investment

The allocation of resources (such as time, money, or effort) in the expectation of generating an income or profit.