An _______ is a promise or commitment to do (or refrain from doing) a specified activity such as selling a good at a certain price or offering to provide services at a given rate.

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18-07-2022
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An _______ is a promise or commitment to do (or refrain from doing) a specified activity such as selling a good at a certain price or offering to provide services at a given rate.

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vipinkumar69547 vipinkumar69547 · Answer 1 · 2022-07-24T09:10:07+02:00

An offer is a promise or commitment to do (or refrain from doing) a specified activity such as selling a good at a certain price or offering to provide services at a given rate.

What is an offer?

An offer is a tentative offer made by a buyer or seller to buy or sell an asset that, if accepted, has legal force. Another definition of an offer is the act of selling something or submitting a purchase bid.

Key features of Offer:

An offer is a contingent request for a buyer or seller to buy or sell an item that, if accepted, forms a legally enforceable contract.
There are many various kinds of offers, and each one has a unique set of specifications about the price, the terms and conditions, the type of asset, and the objectives of the buyer and the seller.
The offering price is the price at which publicly traded securities are made available for purchase by the investment bank underwriting the issuance in both equity and debt offerings.

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