To Make an Offer, the Offeror Must

question 203

Multiple Choice

To make an offer, the offeror must:

• A) have the intent to be bound to the contract, and that intent must be clearly expressed or manifested
• B) have the intent to be bound to the contract, but need not express or manifest that intent
• C) have filed a copy of the offer with the county court house
• D) have written documentation of the intent
• E) have known the offeree for at least 1 year

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Definitions:

Caution Signals

Indicators or signs that suggest the need for careful consideration or reassessment in a specific situation.

Puzzled Expressions

Puzzled expressions are facial expressions that indicate confusion or lack of understanding.

Receiver

The person a communication is intended for.

Communication

The act of transmitting verbal and nonverbal information and understanding between seller and buyer.