Offers That Fail to Provide a Specific Time for Acceptance

question 86

True/False

Offers that fail to provide a specific time for acceptance are invalid because they are deemed to be indefinite.

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Definitions:

Financial Planning

The process of estimating the capital required and determining its competition, aiming to manage financial activities effectively for a person or organization.

Financial Plan

A comprehensive evaluation of an individual's current and future financial state by using current known variables to predict future income, asset values, and withdrawal plans.

Financial Plans

Strategic documents that outline an individual's or organization's current financial situation, goals, and strategies to achieve those goals.

Financial Planning

The process of creating strategies for managing finance, including budgeting, saving, investing, and planning for future financial needs.