Peter,an Agent for Zippy Cars,Inc

question 53

Multiple Choice

Peter,an agent for Zippy Cars,Inc.,writes a letter to Cassandra on March 1 stating that he will sell her a 2011 Suburu Outback for $20,000 between March 1 and April 30.Peter's letter to Cassandra is

• A)a firm offer.
• B)an acceptance.
• C)a bilateral contract.
• D)a breach.

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Definitions:

Medicare Reimbursement

The payments made by the Medicare program to healthcare providers for services rendered to Medicare beneficiaries, based on predetermined rates.

Minimum Wage

The lowest hourly, daily, or monthly remuneration that employers may legally pay to workers, aimed at protecting the earning ability of workers.

Medallions

A type of license or permit, often required for operating taxicabs and other regulated services in certain cities.

Taxicabs

Licensed vehicles for hire with drivers, offering rides from one location to another, often found in urban areas.