A(n) ________ is a proposal addressed to specific persons indicating an intention by the person making the proposal to be bound to the sale or purchase of particular goods for a price.

Question

Quizplus · Accepted Answer

An offer is a proposal addressed to specific persons indicating an intention by the person making the proposal to be bound to the sale or purchase of particular goods for a price. An agreement is a mutual understanding between two or more parties. An advertisement is a public notice promoting a product or service. Revocation is the act of annulling or withdrawing a previously issued offer. Therefore, the best choice for this definition is D - offer.

A(n) ________ Is a Proposal Addressed to Specific Persons Indicating