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23 December, 07:25

The language "I offer to sell you my 1974 White Ford Torino" is: a. not a valid offer because it is oral. b. a valid offer. c. not a valid offer because it lacks a definite price. d. not a valid offer because there are no terms for payment.

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  1. 23 December, 07:52
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    b. a valid offer.

    Explanation:

    A valid offer is when one party expresses interest of entering a contract that will be beneficial to both parties. There are three elements of valid offers:

    - Communicated: the offeror communicates his willingness bro enter the contract with the offeree.

    -Commited: is the offeror committed to the contract.

    -Definite terms: in making the offer, the will be definite terms to the sale. This can be defined later during negotiation.

    So the language "I offer to sell you my 1974 White Ford Torino" is a valid offer.
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Home » Business » The language "I offer to sell you my 1974 White Ford Torino" is: a. not a valid offer because it is oral. b. a valid offer. c. not a valid offer because it lacks a definite price. d. not a valid offer because there are no terms for payment.
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