An Offer Is

question 92

Multiple Choice

An offer is:

• A) a suggestion of a price for a good or service
• B) a legally binding price for a good or service
• C) an unofficial suggestion of a promise
• D) a promise to do something or to refrain from doing some specific thing
• E) a refusal to promise to do something or to refrain from doing some specific thing

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Definitions:

Cloning Endangered Animals

The scientific process of creating genetically identical copies of animals that are at risk of extinction, with the goal of preserving biodiversity.

Confidence Estimate

Confidence estimate is a range of values, derived from sample data, that is likely to contain the value of an unknown population parameter, expressed with a certain level of confidence.

Mayoral Election Race

A competitive political event in which candidates vie for the mayor's office in a city, town, or municipality.

Majority of Votes

A voting outcome in which more than half of the votes cast are in favor of a particular option or candidate.