John Owns a Thoroughbred Horse Named Prince Charming That Just

question 45

Multiple Choice

John owns a thoroughbred horse named Prince Charming that just ran in the Kentucky Derby.Prince Charming came in last,much to John's frustration and embarrassment.John exclaims in a loud voice,"I'm selling that horse to the first person who hands me $100 bucks!" John has:

• A) made an offer to anyone within hearing distance and will be bound by his offer to the first person who produces $100.
• B) made a firm offer and will be bound by his offer for a reasonable period of time.
• C) made an acceptance to the first person who can produce $100.
• D) not made an offer because under the circumstances a reasonable person would not conclude that John had intent to make an offer.

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Definitions:

Steamboat

A boat that is propelled by a steam engine, playing a crucial role in the 19th-century development of river and coastal transport.

Commerce

The activity of buying and selling goods and services, especially on a large scale, involving transportation, finance, and marketing.

Transcontinental Railroad

The railway system that connected the eastern and western parts of the United States, completed in 1869, facilitating widespread economic growth and settlement.

Canals and Steamboats

Key components of the early industrial transportation network, where canals allowed for the movement of goods through waterways and steamboats provided powerful and reliable river transportation.