Use the Following to Answer Questions

question 94

Essay

Use the following to answer questions :
A line has slope m = and passes through the point P₁ = (2, -4).
-Graph the line.

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Definitions:

Effective Offer

A proposal that meets all legal requirements and is presented in a manner that a reasonable person would understand its terms, triggering a potential contract.

Good Faith

The honest intention to act without taking an unfair advantage over another party in a transaction.

Reasonableness

The quality of being moderate, fair, and sensible in judgment or expectations, often evaluated in legal contexts.

Offeror's Intention

The specific intent by the person making an offer in a contract to be bound by the offer if it is accepted by the offeree.