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An Offer Does Not Need to Be Communicated to the Offeree

question 66

True/False

An offer does not need to be communicated to the offeree to become effective.


Definitions:

True Value

An accurate assessment of an item's worth, based on its current condition and market demand.

Non-Obvious

In the context of patents, it refers to an invention that is not evident to someone with ordinary skill in the particular field of the invention.

Patent

A legal document granting the holder exclusive rights to an invention, design, or process for a certain period.

Obvious

Easily perceived or understood; clear, self-evident, or apparent.

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