Offers That Fail to Provide a Specific Time for Acceptance

question 9

Multiple Choice

Offers that fail to provide a specific time for acceptance are:

• A) considered to be illegal.
• B) are valid for a reasonable period for time.
• C) are valid but unenforceable.
• D) can be used to penalize the offeror.

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Definitions:

Higher Prices

Increased costs for goods or services, often resulting from factors like high demand, low supply, or increased production costs.

Clicks-And-Mortar

Refers to businesses that combine online digital presence (clicks) with physical storefronts (mortar) to offer a comprehensive retail experience.

E-Book

A digital format of a book, accessible on electronic devices such as e-readers, tablets, and computers.

Degree of Digitization

The extent to which processes, operations, or systems are converted or adapted to digital form, impacting efficiency, accessibility, and innovation.