Nate Tells Opal,"I Might Sell the Skis That I Bought

question 25

Multiple Choice

Nate tells Opal,"I might sell the skis that I bought last fall since I haven't used them and the skiing season is almost over." This is

• A)an acceptance of an offer.
• B)an invitation to accept an offer.
• C)an offer.
• D)a statement of future intent.

---

Definitions:

Estoppel

A legal principle that prevents a person from denying or asserting anything to the contrary of what has been established as the truth in legal proceedings.

Principal

Principal refers to a main party to a transaction, contract, or financial instrument, as opposed to an agent who acts on someone else's behalf.

Agent

A person or entity authorized to act on behalf of another (known as the principal) in legal or business matters.

Authority

The legal power or right given to an individual or entity to carry out certain actions or to make decisions.