The Means Used by an Offeror to Communicate the Offer

question 5

Multiple Choice

The means used by an offeror to communicate the offer:

• A)is the impliedly authorized means for accepting regardless of circumstances.
• B)is the impliedly authorized means for accepting unless the circumstances do not indicate otherwise.
• C)is the only authorized means of communication for accepting.
• D)always follows the offeror's particular trade usage in communication,as it impliedly authorizes a given means of acceptance.

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Definitions:

International Price

The price of goods or services considered on a global scale, often affected by exchange rates, tariffs, and global supply and demand.

US$ Per C$

A currency exchange rate that shows how much US dollars is worth in Canadian dollars.

Importer

An individual or company that buys goods or services from abroad for sale in their home country.

Service Charge

A fee collected by a bank, institution, or service provider for the provision of a service, often associated with transactions or account maintenance.