Which of the Following Is Not a Requirement for an Offer

question 80

Multiple Choice

Which of the following is not a requirement for an offer to be effective?

• A) be in writing with a signature
• B) be communicated to the offeree
• C) manifest an intent to enter into a contract
• D) be sufficiently definite and certain

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Definitions:

Net Working Capital

This reflects the variance between what a business owns in the short term versus what it owes, highlighting its financial robustness and operational productivity.

Accounts Payable

Money owed by a business to its suppliers shown as a liability on the company's balance sheet.

Inventory Increase

A situation where a company experiences a rise in the level of goods and materials on hand, reflecting either a buildup in anticipation of higher sales or slower sales than expected.

Depreciation Tax Shield

The tax saving achieved by a company from deducting depreciation expenses on its taxable income.