An ________ is a contract in which the original offeree pays consideration (usually money) in return for the original offeror giving consideration (time of the option period).

A. option contract
B. executory contract
C. auction contract
D. implied-in-fact contract


Answer: A

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List some important factors that companies need to consider when choosing a market-targeting strategy

What will be an ideal response?

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Discretionary income refers to

A. the total amount of money made by a single individual during his or her lifetime. B. the money a consumer has left after paying taxes to use for necessities such as food, shelter, clothing, and transportation. C. the money that is spent for necessities or charitable causes that is exempt from taxation. D. the money deducted from a person's paycheck to pay for federal, state, and local taxes. E. the money that remains after paying for taxes and necessities.

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Which sentence expresses numbers correctly?

A) Brandon spent $10135 for tuition, housing, and books this semester. B) Because Mariah was charged for sending 9,366 text messages in one month, she switched her data plan to unlimited messaging. C) The community of nearly 12000 people is divided into several neighborhood watch areas to assist police and to deter would-be criminals.

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Indirect labor is not a component of manufacturing overhead.

Answer the following statement true (T) or false (F)

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