Lake Port Services Enters into a Contract to Load Max's

question 12

Multiple Choice

Lake Port Services enters into a contract to load Max's Great Lakes barges with the cargo that Max designates.Lake Port's offer to perform,when Lake Port is ready,willing,able to do so,is

• A)complete.
• B)substantial.
• C)tender.
• D)tough.

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Definitions:

High Grade

A term indicating a level of superior quality or performance, often used in educational or professional contexts to denote excellence.

Loss Aversion

A cognitive bias that describes how the pain of losing is psychologically more powerful than the pleasure of gaining.

Option's Disadvantages

The negative aspects or drawbacks associated with a particular choice or decision.

Sensitivity

The ability of a test or system to correctly identify those with a condition, reflecting how well it detects true positives.