Lake Port Services enters into a contract to load Max's Great Lakes barges with the cargo that Max designates.Lake Port's offer to perform,when Lake Port is ready,willing,able to do so,is
A)tandem.
B)tonnage.
C)tender.
D)tinder.

Question

Quizplus · Accepted Answer

A tender offer is an offer to perform or provide goods or services at a certain price or terms. In this case, Lake Port Services has made an offer to load Max's Great Lakes barges with the cargo designated by Max when Lake Port is ready, willing, and able to do so. Therefore, the offer made by Lake Port is best described as a tender offer.

Lake Port Services Enters into a Contract to Load Max's