When an offer of sale does not specify a price, it is assumed that the parties intended . an implied contract not to enter a contract a reasonable price a minimal price

The correct answer is letter "C": a reasonable price.

Explanation:

A reasonable price is set based on the value of the goods or services provided including other factors such as its availability, delivery time, quality, and payment terms. The term tends to be confused with the lowest price but both of them do not mean the same.

Thus, if there is no specified price in an offer sale, both parties assume the goods will be sold at a reasonable price on the date of the delivery.

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"we first find value of tax in dollars.

the difference between the two prices   is: 23. 54 - 22 = 1.54

therefore the sales tax in dollars is 1.54

the tax % will be   (amount of tax / original cost price ) × 100

(1.54 / 22) × 100  → (0.07) × 100 =   7

so the tax rate is 7%

we can double check the answer.

7 % of 22   → (7/100) × 22 → 0.07 × 22 = 1.54

22 + 1.54 = 23.54"