Asked by
Ainsley Harrington
on Nov 27, 2024Verified
Khe says, "I plan to sell my Apple stock." This is not an offer because
A) the statement is not addressed to a specific offeree.
B) the offeror has only committed to negotiate the terms in good faith.
C) a statement of future intent to do something in the future is not an offer.
D) an expression of opinion does not indicate an intent to enter into a deal.
Apple Stock
Financial equity shares representing ownership in Apple Inc., a multinational technology company known for products like the iPhone and Macbook.
Statement Future Intent
A declaration or indication of a party's plans or objectives for the future, not necessarily a binding commitment.
Specific Offeree
An individual or entity to whom an offer is directly and explicitly made in a contractual agreement.
- Determine the components that contribute to the efficacy of an offer.
Verified Answer
SH
Learning Objectives
- Determine the components that contribute to the efficacy of an offer.