An Ad on the NewsNow Web Site Asks Viewers to "Send

question 9

Multiple Choice

An ad on the NewsNow Web site asks viewers to "send us your story and we might share it with the world." Ollie submits a manuscript, adding, "I accept your offer." Between NewsNow and Ollie, there is

• A) ​a contract for the publication of Ollie's story.
• B) ​a contract to consider Ollie's story before any others.
• C) ​a contract to negotiate for the publication of Ollie's story.
• D) ​no contract.

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Definitions:

Creditor's Point Of View

A perspective focusing on the safety, return, and timeliness of payments related to the amounts lent or credits extended.

Obligations

Liabilities or commitments a company or individual has to pay back money or perform specific actions in the future.

Solvency Ratio

The solvency ratio is a financial metric used to evaluate a company's ability to meet its long-term debt obligations, indicating financial health.

Net Income

The profit of a company after all expenses, taxes, and costs have been deducted from total revenue, indicating the financial performance over a period.