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Business question Time lent 0:49:2 Bill saw a truck he liked at Millar Chev Olds. He offered $24,000 for the vehicle. The salesman indicated that

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Business question

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Time lent 0:49:2 Bill saw a truck he liked at Millar Chev Olds. He offered $24,000 for the vehicle. The salesman indicated that he didn't have the authority to accept an offer below list price. Bill said "Well then, present my offer to your manager but give me an answer before Friday at noon for my offer is only open until then." Read each of the following and indicate which is FALSE. Select one: O a. Unless Bill specifically revokes the offer, a contract will be formed, should the dealership accept it on Saturday. O b. Should the dealership present a counteroffer, Bill's offer will lapse. O c. If Bill receives no response by noon on Friday, the offer will lapse. O d. If Bill receives no immediate response from the dealership, he can revoke the offer even before the Friday noon deadline

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