Jack tells Mike,"I'd like to buy your boat for $100 000." Mike,in response,says,"That's too cheap.I'll sell you my boat for $150 000." Mike's statement is a ________ and a ________.
A) refusal; new offer
B) rejection; new offer
C) refusal; rejection
D) rejection; counter-offer
E) rejection; valid offer
Correct Answer:
Verified
Q3: A standing offer is
A)one that may be
Q4: Revocation takes effect
A)when an offeror contracts with
Q5: Awab has an opportunity to attend a
Q6: On October 1,Allan mailed an offer to
Q7: An offer is made by an _
Q9: Advertisements to sell goods at certain prices
Q10: On June 10,A delivered to B a
Q11: Jack is speaking to Michael and Michael
Q12: An offer is
A)a gift.
B)an agreement to give
Q13: When communication between parties is by fax,the
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