A What Are the Three Essentials of an Offer

question 38

Essay

a. What are the three essentials of an offer?
b. How does one distinguish between an offer and an invitation seeking offers?

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Definitions:

Public Commitment

This term refers to a declaration or an action taken by an individual or group in the public domain, showcasing a pledge towards a cause, belief, or relationship.

Pros and Cons

The advantages and disadvantages associated with a specific decision, action, or proposition, considered in order to make an informed choice.

Forbidden

Refers to something that is not allowed or is prohibited by law, rule, or custom.

Peripheral Route

A mode of persuasion that involves less cognitive processing, relying on peripheral cues like attractiveness or celebrity status, as proposed in the Elaboration Likelihood Model.