One Necessary Element for an Effective Offer Is a Reasonable

question 64

True/False

One necessary element for an effective offer is a reasonable price related to market value.

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Definitions:

Basis

In finance, the difference between the cash price and the futures price of an asset; in accounting, the initial value of an asset for tax purposes.

Vehicles

Modes of transportation that include cars, trucks, bicycles, and any other means of transporting people or goods.

Nonrenewable Sources

Natural resources such as coal, oil, and natural gas that cannot be replenished on a human timescale.

Renewable Sources

Energy sources that are replenished naturally, such as solar, wind, and hydroelectric power.