An offer must be communicated to the offeree or his agent in order for the offer to be effective.

a. true
b. false


a. true

Business

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Internet service providers are an example of organizations that provide both products and services.

Answer the following statement true (T) or false (F)

Business

Whirlpool took a 53 percent stake in the Dutch electronics group Phillips' home appliances business. Sharing ownership and control of this business enabled Whirlpool to leapfrog into the European market. This is an example of ________

A) a straight extension B) a joint venture C) an exporting agreement D) a licensing agreement E) a sprinkler approach

Business

The most commonly used measure of economic health of a country is the country's ________

A) gross domestic product (GDP) B) gross national product (GNP) C) exchange rate D) cost of living E) Big Mac Index

Business

All the member states of the United Nations are automatically parties to the Statute of the International Court of Justice

Indicate whether the statement is true or false

Business