Pacific Charter Company offers to provide an air-conditioned bus to Quincy's tour group for $1,500 plus the cost of the fuel. The mailbox rule applies if Quincy accepts the offer by
A) e-mail
B) phone.
C) regular mail.
D) any of the choices.
C
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If a person is adjudicated insane after entering into a contract, his or her personal representative cannot ratify the contract.
Answer the following statement true (T) or false (F)
Eastman Kodak accused Japanese rival Fujifilm of selling color photographic paper in the United States for as little as a quarter of what it charges in Japan
What unethical and often illegal practice was Kodak accusing Fujifilm of implementing? Explain your answer.
Which one of the following will NOT increase the value of a real option?
A. Lengthening the time during which a real option must be exercised. B. An increase in the volatility of the underlying source of risk. C. An increase in the risk-free rate. D. An increase in the cost of obtaining the real option. E. A decrease in the probability that a competitor will enter the market of the project in question.
If your bank offers a 5% annual rate of return compounded annually, then at the end of one year your $1,000.00 deposit would grow by $50.00 to $1,050.00
However, in the second year, your deposit would increase by $52.5025 to a total ending value of $1,102.50. Explain why the second year earns more interest on the investment than the first year. What will be an ideal response?