The offeree must be objectively intended to be bound by the offer for the offer to be effective

Delayed projects that are shelved for a period of time and then re-initiated again after a while describes

A) premature projects. B) looping projects. C) endless projects. D) failed projects.

Suppose the spot rate and forward rate for the British pound are $1.4248 and $1.4179 respectively. Assume the forward pound is selling at a 1.94% annualized discount, what is the number of days of the forward contract?

A) 180 days B) 120 days C) 90 days D) 60 days