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:

Dividend Payout Ratio

A financial metric that measures the percentage of a company's net income that is paid out to shareholders in the form of dividends.

External Financing

Funds a business acquires from outside sources to finance its operations, including loans, issue of shares, bonds, and other financial instruments.

Maximum Capacity

The highest level of output that a company can sustain within a given period without compromising product quality or operational efficiency.

External Financing

Obtaining funds from outside sources, such as loans, stock issues, or bonds, to finance business operations or investments.