Advertisements for rewards, such as for the return of lost property, information, or the capture of criminals, are generally held to be:
A. invitations but not offers.
B. offers for unilateral contracts.
C. firm offers.
D. offers for bilateral contracts.
Answer: B
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The ____________________ method of allocating merchandise cost is based on the average cost of identical units
Fill in the blank(s) with correct word
The use of licensing to enter international markets has increased significantly in recent years due to several factors, including more regulation and rising research and development costs.
Answer the following statement true (T) or false (F)
If Hong Kong and Taiwan had identical labor costs but were subject to increasing costs of production,
a. trade would depend on differences in demand conditions. b. trade would depend on economies of large-scale production. c. trade would depend on the use of different currencies. d. there would be no basis for gainful trade.
Distinguish between acquaintanceships and friendships.
What will be an ideal response?