Except for an option contract, a firm offer by a merchant is irrevocable once it has been made.

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


False

Business

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The title page of a venture’s written business plan should include what?

a. The name of the business and contact information b. Industry insight c. Niche market d. Agenda

Business

Which of the following statements about the yearly-rate-of-return method (also known as the Belth method) of calculating the yearly rate of return for a life insurance policy is (are) true?

I. The formula requires the use of benchmark prices per $1,000 of protection. II. The main drawback of the formula is its complexity, necessitating the use of a computer to calculate the rate of return. A) I only B) II only C) both I and II D) neither I nor II

Business

Before workers' compensation laws, what legal defenses did employers use when they were sued by an employee injured at work? Briefly explain each of these defenses

What will be an ideal response?

Business

The U.S. Census Bureau's Survey of Business Owners shows that the number of minority-owned companies in the United States was __________ in 2012.

A. 5.8 million B. 1.3 billion C. 872,000 D. 8 million E. 2.9 million

Business