Author Question: Ryan, a college student, intends to sell his car. He contacts his friend Luiz and inquires whether ... (Read 66 times)

Mr. Wonderful · **on:** Jun 24, 2018

Ryan, a college student, intends to sell his car. He contacts his friend Luiz and inquires whether he is interested in buying the car. Luiz finds the quoted price reasonable and buys the car from Ryan. In this scenario, Ryan is the _____.
A) claimant
B) offeror
C) acceptor
D)summoner

Question 2

In most states the usury laws apply to loans made to both individuals and corporations.
Indicate whether the statement is true or false