Pete negotiates a deal for the sale of certain real estate to Owen. Pete promises to hold the offer open in return for a small payment but does not state an exact period of time. With respect to this offer
A) the deal is binding except for Pete's promise to hold the offer open
B) a reasonable period of time is implied.
C) Pete must hold the offer open for an indefinite period.
D) ?the deal is done.
B
You might also like to view...
List the seven deadly sins of business selling.
What will be an ideal response?
A target price is an estimate of a price for a product or service that potential customers will be willing to pay
Indicate whether the statement is true or false
Ethical behaviour can be reinforced through the use of an appropriate reward and evaluation system.
Answer the following statement true (T) or false (F)
Shondra has been asked by her supervisor to write a guide for effective e-mailing for new employees. Which of the following is she likely to include?
A) Don't put anything in an e-mail message that you wouldn't post on your office door. B) Because e-mail is informal, you don't have to write messages using complete sentences. C) Use Reply All every time you respond to an e-mail message to ensure that everyone sees your reply. D) Once an e-mail message is deleted, it's gone forever.