Marilyn Read an Ad in the School Newspaper Offering a $1,000

question 51

Multiple Choice

Marilyn read an ad in the school newspaper offering a $1,000 swimming scholarship to anyone who could swim 500 laps in the school pool. Marilyn called the advertiser and began swimming. She has reached lap number 460; she feels great and is sure she can make it all the way. The advertiser:

• A) may revoke the offer since there has not yet been an acceptance.
• B) may not revoke the offer since Marilyn has already accepted it.
• C) must permit Marilyn the opportunity to finish her attempt to swim the 500 laps, or pay damages if he interferes with the completion of the laps.
• D) must pay Marilyn $920, because she has performed 92% of the offer.

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Definitions:

Accounting Number Format

A style of formatting numbers in financial documents that aligns currency symbols and decimal points for easy comparison.

Floating Dollar Sign

A currency symbol that is placed immediately before the first digit of a number, used to indicate the currency, without being attached to the digits.

MAX

A function in spreadsheet software that finds the largest value in a set of data.

Highest Value

The largest number or amount in a given set or series of data.