Which of the Following Is True Regarding the Enforceability of the Offer

question 40

Multiple Choice

Which of the following is true regarding the enforceability of the offer made by the manager at ABC Carpet?

• A) ABC Carpet is not bound by the offer because Beau did not provide any consideration.
• B) ABC Carpet is bound by the offer, but only for a period of seven days.
• C) ABC Carpet is bound by the offer, but only for a period of ten days.
• D) ABC Carpet is bound by the offer only if Beau can establish reliance.
• E) ABC Carpet was bound by the offer.

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Definitions:

Standard Error

A measure of the statistical accuracy of an estimate, calculated from the standard deviation of a sampling distribution.

Sample Size

The number of observations or replicates included in a statistical sample, crucial for the reliability and accuracy of the study or experiment.

Infinite Population

An idealized concept of a population so large that its size is not diminished by the sampling process.

Standard Deviation

An estimator for the amount of disparity or spread found in a set of numerical values.