The one element necessary for an offer to be effective is a price based on market value.
Correct Answer:
Verified
Q4: The offeror's intention to become bound by
Q4: A request to negotiate is not an
Q5: An expression of opinion can evidence an
Q6: Rejection of an offer is usually effective
Q8: Once an invitation to bid is made,
Q8: An invitation to submit bids is an
Q10: An offer cannot be terminated by action
Q13: The offeror can revoke the offer only
Q13: The first requirement for an effective offer
Q14: In general, advertisements are considered evidence of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents