OpenSkies Flies Only Between Washington Dulles and Paris or Newark

question 108

Multiple Choice

OpenSkies flies only between Washington Dulles and Paris or Newark Liberty and Paris.It offers all-business-class service.The price of its flights are half that of major airline,business class fares.The price is an example of

• A)features.
• B)aesthetics.
• C)reliability.
• D)perceived quality.
• E)serviceability.

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Definitions:

Valid Acceptance

An agreement to the terms of an offer in contract law, which results in a binding contract between the parties.

Valid Offer

A proposal made by one party to another intending to create a legally binding agreement that is specific, definitive, and capable of acceptance.

Offer

A proposal presented by one party to another as a basis for negotiations towards a contract, indicating a willingness to enter into an agreement under specified terms.

Time Condition

A provision in a contract that stipulates that certain obligations or conditions must be fulfilled within a specified timeframe.