Which of the Following Is an Offer as Opposed to an "Invitation

question 101

Multiple Choice

Which of the following is an offer as opposed to an "invitation to treat"?

• A) An ad in a real-estate paper: "Best offer in Vancouver! 3 bedroom home in Kitsilano for only $350 000!"
• B) A sweater displayed in the window of a shop with the price tag attached and showing.
• C) A notice in the Toronto Star: "I will pay $100 to whoever finds and returns my lost female calico cat which answers to the name Marx."
• D) The display of goods on the shelves of Safeway.
• E) A notice in the catalogue from the gift shop of the Edmonton Aquarium: "15% off the price of all jewellery until January."

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Definitions:

Future Value

Financial value of an asset or cash set for a future date, equivalent to a fixed present sum.

Annuity

A financial instrument that provides a consistent series of payments to a person, often utilized in planning for retirement.

Continuous Compounding

The process of calculating interest on an investment or loan continuously, leading to the accumulation of interest upon interest, often resulting in higher yields.

Stated Annual Percentage Rate

The nominal interest rate stated by financial institutions, not accounting for compounding or fees, on products like loans or savings accounts.