Auction constitutes a binding offer by the seller

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(T/F) Which of the following is one of the several general requirements that must be met in order for a particular communication to achieve the legal status of an offer?

(T/F) Placing an item up for sale in a typical "with reserve" auction constitutes a binding offer by the seller.

(T/F) A composition agreement generally involves one creditor accepting a percentage of what he is owed from two separate debtors.

Reference no: EM13869723

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Auction constitutes a binding offer by the seller : (T/F) Which of the following is one of the several general requirements that must be met in order for a particular communication to achieve the legal status of an offer? (T/F) Placing an item up for sale in a typical "with reserve" auction constitute..

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