Which Term Refers to Whether an Offeree Accepts an Offer

question 1

Multiple Choice

Which term refers to whether an offeree accepts an offer by promising,by making a down payment,or by performing?

• A)manner of acceptance
• B)method of acceptance
• C)definiteness 
• D)intent 

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Definitions:

Variance

A measure of variability that denotes the average of the squared differences from the mean, used in statistics to indicate how data points in a set are spread out.

Normal Distribution

A symmetrical bell-shaped distribution of data in which most of the values cluster around the mean.

Uniform Probability Distribution

A distribution in which all outcomes are equally likely to occur within a certain range.

Expected Value

The long-run average value of repetitions of the same experiment or random trial.