Examlex

Solved

If No Time Is Stated in an Offer, Then the Offer

question 74

True/False

If no time is stated in an offer, then the offer stays valid indefinitely.


Definitions:

Excise Tax

A tax levied on specific goods, services, or activities, such as gasoline, cigarettes, or alcohol, often to discourage consumption or generate revenue.

Recreational Fishing Boats

Boats specifically designed and utilized for the purpose of fishing for leisure or sport, not commercial fishing.

Supply Curve

A graphical representation showing the relationship between the price of a good and the quantity supplied.

Techniques

Methods or approaches used in a particular discipline or activity to achieve a specific result.

Related Questions