Which of the following statements is TRUE?
A) A "sign back" is called a counter-offer in law.
B) When a seller signs an offer submitted by a purchaser, this is called acceptance.
C) An option is simple another term for offer.
D) Both A and B
E) All of the above
D
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Which of the following statements is true of a top down-oriented organization?
A. It typically views the senior management as a final element or afterthought. B. Customers are at the top of the organization's structure. C. Upper management is at the top of the hierarchy. D. It typically focuses on individual needs of customers rather than its products.
What are the different intermediaries in business distribution channels? What roles do they perform?
What will be an ideal response?
Gordon Corporation produced 10,000 digital watches in the current year. Variable costs are $8 per watch. Overhead assigned is $2.25 per watch. A supplier offers the watches for $9.50 each. Gordon's production manager reports the incremental overhead is $1.25 per watch. Gordon should:
A. Continue making the watches as an additional $0.25 per watch would be incurred if bought from the supplier. B. Buy the watches as they would save $1.50 per watch. C. Buy the watches as they would save $1.75 per watch. D. Continue making the watches as an additional $1.50 per watch would be incurred if bought from the supplier. E. Buy the watches as they would save $0.75 per watch.
According to __________, social policies developed behind the veil of ignorance would create a system benefiting the __________
a. Rawls, majority b. Rawls, minority c. Rawls, least well off d. Kant, most well off