Under the UCC, the inclusion of additional terms in an acceptance is considered a(n) ________.

a. counteroffer
b. accommodation
c. presentment
d. objection


a. counteroffer

Business

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Explain in detail EPA practice in regard to approving a state program in lieu of the EPA's federal program

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Leland and Pyle (1977) examine the effect of informational asymmetries on equilibrium corporate valuation and financial structure

The authors develop a signaling model and work through a specific example, focusing on optimal debt levels under conditions of asymmetric information. In their signaling model, an entrepreneur seeks financing for a project whose true value is known only to him. Clearly, direct transfer of information to lenders is impossible. Information may, however, be transferred by a credible signal. Here, the signal is: a. the entrepreneur's willingness to include debt in the firm's capital structure. b. the willingness of the entrepreneur to invest in his own project. c. the entrepreneur's ability to attract private equity capital. d. the entrepreneur's expressed willingness to remain as a manager of the firm.

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In the MAC frame, the start of frame delimited (SFD) provides the

receiver with the starting point of meaningful data in the frame. Indicate whether the statement is true or false

Business

Assume the perpetual inventory method is used.1) Green Company purchased merchandise inventory that cost $17,500 under terms of 2/10, n/30 and FOB shipping point. 2) The company paid freight cost of $750 to have the merchandise delivered. 3) Payment was made to the supplier within 10 days. 4) All of the merchandise was sold to customers for $26,500 cash and delivered under terms FOB shipping point with freight cost amounting to $550 paid by Green company. As a result of the above transactions of Green Company, the net cash flow from operating activities was:

A. $9350 inflow. B. $26,500 inflow. C. $18,450 outflow. D. $8050 inflow.

Business