Which of the Following Situations Is Likely to Be Seen

question 20

Multiple Choice

Which of the following situations is likely to be seen as an offer rather than as a mere invitation to treat?

• A)A poster advertising Business Law at a reduced price.
• B)An email containing the question 'Can I buy your copy of Business Law for $50?'
• C)A copy of Business Law in the window of a book shop with a price tag attached to it.
• D)A catalogue containing a description of Business Law and the statement 'Special offer!'.

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Definitions:

Operating Expenses

Costs associated with the day-to-day operations of a business, such as rent, utilities, and payroll.

Net Income

Company's overall earnings post the subtraction of taxes and operational costs from its total revenue.

Trend Income Statement

An income statement that shows several years of financial data in a horizontal format, making it easier to identify trends and patterns.

Sales

The total amount of goods or services sold by a company during a specific period.