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Are these information included when writing an offer plan?

a) accurate mathematics (particularly the balance due on completion)
b) correct sequential time for condition fulfillment
c) title search date and realistic completion date

a) Yes
b) No

1 Answer

4 votes

Final answer:

Yes, when writing an offer plan, it is crucial to include an accurate balance due on completion, correct sequential time for condition fulfillment, title search date, and a realistic completion date. Additionally, sellers can reassure buyers with imperfect information by providing detailed product information, a strong warranty or return policy, and customer reviews. The correct option is a.

Step-by-step explanation:

When writing an offer plan, it is important to include certain key pieces of information to ensure clarity and accuracy for both the buyer and the seller. These pieces of information include:

  • Accurate mathematics, particularly the balance due on completion, to ensure that both parties are in agreement about the financial specifics of the transaction.
  • Correct sequential time for condition fulfillment, which lays out the timeframe for certain conditions that need to be met before the deal can be finalized.
  • Title search date and realistic completion date, to ensure there are no legal impediments to the sale and that the timing is practical for all parties involved.

To answer the student's question, yes, these pieces of information are included when writing an offer plan.

In addition, when a seller of goods is faced with a possible buyer who has imperfect information, there are several strategies they can use to reassure the buyer:

  1. Providing detailed product information and specifications.
  2. Offering a comprehensive and easy-to-understand warranty or return policy.
  3. Presenting customer reviews and testimonials to build trust and credibility.

These strategies help mitigate concerns and build confidence in the potential buyer, increasing the likelihood of a successful transaction. The correct option is a.

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