Which of the Following Is True of an Offer Made

question 56

Multiple Choice

Which of the following is true of an offer made in jest?

• A)A joke is never treated as a serious offer.
• B)A joke is always treated as serious offer,unless the person specifically states: "I'm joking."
• C)Even if an offer is clearly a joke,the words are treated as an offer.
• D)The court will look to a person's secret or hidden intent to attempt to discern if a joke was an offer or not.
• E)A joke is treated as a serious offer if the outward manifestation of intent would lead a reasonable person to believe it was intended as a serious offer.

---

Definitions:

Market Distortions

Economic situations caused by inefficiencies or interventions that lead to prices not reflecting true supply and demand.

Wealth Creating

Wealth creating refers to the process or actions that contribute to generating financial profit or increasing economic value for individuals, businesses, or economies.

Creates Wealth

The process of generating assets and increasing the economic value for an individual, community, or country.

Recycle

The process of converting waste materials into new materials and objects, aiming to reduce resource consumption, environmental pollution, and energy usage.