An Auctioneer Is the Offeror and a Contract Is Formed

question 73

True/False

An auctioneer is the offeror and a contract is formed when a bid is made.

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Definitions:

Systematic Random Sample

A systematic random sample is a method of sampling where elements are selected from an ordered sampling frame at regular intervals, starting from a random point.

Alphabetically

The arrangement of words or terms in the order of the letters of the alphabet.

Sample

A selected segment of a population used to represent the whole population in research or analysis.

Subscription Service

A business strategy in which clients are charged a periodic fee at consistent intervals in exchange for the continuous use of a product or service.