What Does an Offeree Use to Simply Indicate That He/she

question 54

Multiple Choice

What does an offeree use to simply indicate that he/she is not interested in an offer?

• A)Revocation.
• B)Rejection.
• C)Counteroffer.
• D)Promissory estoppel.
• E)Option.

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Definitions:

Delivery Charges

Fees applied for transporting items from the seller or warehouse to the buyer's location; synonymous with freight charge but rephrased.

Net Proceeds

The amount received by the seller after all costs and expenses have been deducted from the gross proceeds of a sale.

Office Equipment

Items used by a company to facilitate its operations and administrative tasks, such as computers, printers, and desks.

Commission

A fee paid for services, usually a percentage of the amount involved in a transaction or sale.