Andi Littleton Has Inherited a Featherlite Brand Horse Trailer from Her

question 27

Multiple Choice

Andi Littleton has inherited a Featherlite brand horse trailer from her recently deceased grandfather. A preliminary investigation has shown many people would be interested in owning a Featherlite brand horse trailer. She is considering placing an advertisement in a newspaper targeted to horse owners. She has been told similar horse trailers are selling for about $14,000. Which of the following conditions is necessary for an exchange to occur between Littleton and a buyer?

• A)Her trailer should carry a low price.
• B)The trailer should be on display somewhere that people will see it.
• C)She needs to practise negotiating.
• D)Littleton and her buyer must be able to walk away from the deal if desired.