The Following Is Not One of the Requirements of an Effective

question 12

Multiple Choice

The following is not one of the requirements of an effective offer:

• A)The offer must be accepted according to the mirror-image rule.
• B)The offer must be seriously intended.
• C)The terms must be definite or reasonably certain.
• D)The offer must be made to the offeree.

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Definitions:

Tractors

Farm vehicles designed for high torque at low speeds, used primarily for hauling machinery and trailers in agricultural settings.

Bicycles

Human-powered, pedal-driven vehicles with two wheels attached to a frame, used for transportation, recreation, or sport.

Production

The process of creating goods and services from various input resources like labor, raw materials, and machinery.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choosing one option over another.