If the Offeror Does Not Expressly Specify a Certain Mode

question 37

True/False

If the offeror does not expressly specify a certain mode of acceptance, then acceptance can be made by any means, whether or not it is "reasonable."

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Definitions:

Hourly Earnings

The amount of income earned by an individual per hour of work.

Confidence Interval

A range of values, derived from the sample statistics, that is likely to contain the value of an unknown population parameter.

Standard Deviation

An indicator of the spread or distribution of data points in a set, showing the degree to which these points vary from the average value.

Confidence Interval

A collection of numerical values from sample data, considered likely to include the value of a hidden population parameter.