Cliff agrees with Sarah to extend the closing date of the purchase of his house for one week. Sarah agrees to pay Cliff $1,000 for this extension. This extension term is called:
A) an offer.
B) an option
C) a conditional term
D) an acceptance
E) an extension offer
B
Business
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A(n) ____ typically defines a calculation that you perform on one or more variables.
A. formula B. property C. behavior D. arithmetic mean
Business
The quick ratio is also known as the ________ test.
Fill in the blank(s) with the appropriate word(s).
Business
General partnerships are frequently used in finance, accounting, real estate, and law
Indicate whether the statement is true or false
Business
If you have just been transferred to a new city and plan to live in your new location for many years, buying a house is generally a better option than leasing for the first year
Indicate whether this statement is true or false.
Business