Larry Advertises a Reward for the Return of His Lost

question 46

Multiple Choice

Larry advertises a reward for the return of his lost dog. Miguel does not learn of the reward, but nevertheless finds and returns the dog. With respect to Miguel, Larry's ad is not an offer because it lacks the element of

• A) communication.
• B) definite terms.
• C) serious intent.
• D) specific performance.

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Definitions:

Enabling Legislation

Laws passed by a legislative body that grant specified powers or authority to an entity or individual to carry out specific actions.

Administrative Procedure Act

A U.S. federal statute that governs the way administrative agencies of the federal government may propose and establish regulations.

Sunset Legislation

Laws that are designed to expire on a specific date unless renewed by the legislature, used to ensure periodic review of their necessity and effectiveness.

Congressional Review

The process by which Congress can nullify regulations made by government agencies within a certain timeframe after the rules have been presented to it.