To Determine Whether the Offeror Has Created a Present Intent

question 37

Multiple Choice

To determine whether the offeror has created a present intent to contract, courts consider:

• A) how the offer was made.
• B) whether the offeror has communicated it to the offeree.
• C) the intent of the parties subjectively.
• D) the status of the person who has made the offer.

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Definitions:

Lower Control Limit

A statistic used in process control charts to signify the lower threshold below which a process is considered to be out of control.

Defect Rate

The proportion of manufactured items that do not meet the prescribed quality standards.

Control Chart Limits

the pre-determined upper and lower boundaries on a control chart within which a process is considered to be in control and performing as expected.

P-chart

A type of control chart used in statistical quality control to monitor the proportion of defective units in a process.