Author Question: Which of the following is true of a valid offer? A) It is indefinite in nature. B) It is instituted ... (Read 28 times)

Kikoku

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Which of the following is true of a valid offer?
 A) It is indefinite in nature.
 B) It is instituted by the offeree to the offeror.
 C) It is seriously intended.
 D) It can be accepted by anyone who hears about it.

Question 2

Fees charged by a lender for the reasonable expense of making a loan, such as the cost of appraising property, are treated as interest for purposes of the usury law.
  Indicate whether the statement is true or false



rachel

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Answer to Question 1

C

Answer to Question 2

FALSE



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