Which of the Following Would Best Satisfy the Requirements for a Good

question 2

Multiple Choice

Which of the following would best satisfy the requirements for a good legal offer?

• A) "I'll pay you at least $300 for your horse, Blackie, and even more if the horse is lucky."
• B) "I'll drive you to Seattle on Saturday."
• C) "The purchaser will pay $1000 for one of the seller's laser printers, the exact model to be determined at a later date."
• D) "I'll give you $1 for your new green bike."
• E) On a flyer placed on your windshield):"We have the best offer in town! A mint 1956 Chevrolet for $20,000."

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Definitions:

Income Earned

The compensation received by individuals for their participation in productive activities, typically through wages, salaries, or profits.

Henry George

A 19th-century economist known for his ideas on taxation, particularly the proposal that a single tax on land value could replace all other taxes, thereby improving economic equality and efficiency.

Rent

A regular payment made by a tenant to a landlord for the use of land, a building, or other property.

Landlords

Property owners who rent out land, residential, or commercial properties to tenants.