Which of the Following Offers Terminates Earliest? Assume That There

question 63

Multiple Choice

Which of the following offers terminates earliest? Assume that there is no time limitation on the offer unless the offer says otherwise.

• A)An offer for the sale of land.
• B)An offer to purchase stock on a stock exchange.
• C)An offer that says that it will stay open for one week.
• D)An offer with a valid five-day option attached to it.

---

Definitions:

Defined Contribution Plan

A retirement plan where contributions are defined, but the eventual payout depends on the investment's success.

Investment Risk

The possibility that an investment's actual return will differ from the expected return, including the potential loss of some or all of the original investment.

Global Consumption Smoothing

An economic principle that suggests individuals can optimize their lifetime well-being by spreading consumption over their lifetime, influencing savings and investments.

Tax Shelters

Tax Shelters are investment options or financial strategies used to minimize or avoid taxes, taking advantage of legal provisions to reduce tax liabilities.