Use the following diagram to answer Questions
-At point 2 on the diagram,_________.
Definitions:
Unconditional Offer
An offer made by one party to another that requires no additional conditions or stipulations to be met for acceptance.
Tender
An unconditional offer to perform an obligation by a person who is ready, willing, and able to do so.
Tendered
Offered formally or presented for acceptance, like a payment or a resignation.
Tender
An offer made in writing to perform a work or supply goods at a specified price.
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