When Distinguishing an Offer from an Invitation to Negotiate,which of the Following

question 66

Multiple Choice

When distinguishing an offer from an invitation to negotiate,which of the following is accurate?

• A)Whether an offer in fact existed depends solely on whether an acceptance of the alleged offer was made immediately so that the offeror knew he or she was bound.
• B)Whether an offer in fact existed is a mixed question of law and fact.
• C)Whether an offer in fact existed is a question of law.
• D)Whether an offer in fact existed is a question of fact.
• E)Whether an offer in fact existed depends solely on whether the alleged offer included a specific price.

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Definitions:

Actual Payment

The real transfer of funds from one party to another, completing a transaction or settling a debt.

EFT Payments

Electronic funds transfer payments involve moving money from one account to another without the exchange of physical money.

Authorize

To give official permission or power to do something.

Bank Statement

A document provided by a bank that summarizes an account holder's financial transactions over a specified period.