Asked by
Daniella Lopes
on Nov 27, 2024Verified
Larry advertises a reward for the return of his lost dog. Miguel does not learn of the reward, but finds and returns the dog. With respect to Miguel, Larry's ad is not an offer because it lacks the element of
A) communication.
B) definite terms.
C) serious intent.
D) none of the choices.
Lost Dog Reward
A monetary or other form of reward offered in exchange for the safe return of a missing dog.
Communication Lacks
A situation where there is an insufficient or unclear exchange of information.
Element Of
A fundamental or essential part that contributes to the nature or operation of something.
- Recognize the differences between submitting an offer and extending an invitation to negotiate.
Verified Answer
SJ
Learning Objectives
- Recognize the differences between submitting an offer and extending an invitation to negotiate.