Mistakes about a contract may be either unilateral or mutual

Indicate whether the statement is true or false


T

Business

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When would LIFO liquidation occur?

a. As a result of selling less units than are purchased during the period. b. As a result of selling the same number of units that are purchased during the period. c. As a result of selling more units than are purchased during the period. d. Not enough information.

Business

_______ is that the supplier firm works to increase its profitable share of the customer's business and to become an irreplaceable partner

a. Customer selection b. Ordering selection c. Growth d. Continuity

Business

Which of the following makes negotiable instruments transferable to a third party?

A) an insurance B) an indorsement C) a bill of exchange D) a trade acceptance

Business

An organization that wants to provide its employees with always-available information, company forms, and contact capability should use which of the following?

a. Intranet b. Extranet c. Voice mail d. Email

Business