What Is the Most Likely Result in Edwin's Lawsuit Against

question 29

Multiple Choice

What is the most likely result in Edwin's lawsuit against Brandi in which he claims that she must pay $3,000 for the car at issue?

• A)Edwin will win because Brandi made an offer that he properly accepted.
• B)Brandi will win because she was not provided sufficient time in which to consider the offer.
• C)Brandi will win because the agreement was not put into written form and signed by both parties.
• D)Edwin will win because Brandi agreed to pay a reasonable amount for the vehicle.
• E)Brandi will win because she merely expressed interest and did not make an offer.

---

Definitions:

Low Interest Rates

A monetary policy situation where central banks set the base level of interest rates at a low level, typically to stimulate economic growth.

Callable

A financial term referring to a security that can be redeemed or "called" by the issuer before its maturity date.

Serial Bonds

Bonds issued under a single series where each bond matures at a different date, allowing the issuer to spread out repayment over time.

Staggered Maturity Dates

A strategy involving financial instruments or liabilities that have various maturity dates spread out over time to reduce risk and improve liquidity.