Which of the Following Statements Is True of an Offer

question 12

Multiple Choice

Which of the following statements is true of an offer that was not communicated?

• A) The offer stays valid for 30 days from the date of creation.
• B) The offer cannot be accepted by the offeree if not communicated.
• C) The offeree can claim an offer that was not communicated.
• D) The offer is considered to be an implied term.

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Definitions:

Unbiased

A characteristic of an estimator or a process where the expectation is equal to the true parameter value being estimated, without systematic error.

Statistic

A single measure, calculated from sample data, that is used to summarize or describe aspects of the data.

Parameter

A characteristic or measure that defines or summarizes a feature of a statistical model or distribution.

Cardboard Containers

Packaging materials made from layers of paper pulp pressed together, commonly used for shipping or storing goods.