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In October, Market Analysts Predict That the Price of Platinum

question 150

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In October, market analysts predict that the price of platinum will fall in November. What happens in the platinum market in October, holding everything else constant?


Definitions:

Revocation

The act of officially withdrawing, cancelling, or annulling something, such as a license, will, or law.

Offeree

The person or entity to whom an offer is made in contract law.

Effective

Producing a decided, decisive, or desired effect, often used to describe rules, policies, or products that achieve their goals.

Lefkowitz V. Great Minneapolis

A landmark case in contract law where it was ruled that an advertisement giving specific details to the public constitutes a binding offer which when accepted completes a contract.

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