A voidable contract is a contract that one party has the right to avoid

a. True
b. False
Indicate whether the statement is true or false


True

Business

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On June 1, Kareem sends Fatima an e-mail offering to build her a new garage for $20,000. In his e-mail, Kareem wrote, "acceptance by certified mail is advisable." On June 2 at 8 a.m., Kareem sends Fatima a certified letter attempting to revoke the offer. At 2 p.m. the same day, Fatima mails Kareem a letter via certified mail attempting to accept his offer. Under these circumstances, ________.

A. the parties do not have a contract until Kareem receives Fatima's acceptance B. Fatima's acceptance is effective upon dispatch C. Kareem's revocation is effective and the parties do not have a contract D. the parties do not have a contract as the trade usage is telegrams and not certified mail

Business

A factor having a "cause and effect" relationship with a cost object is called a(n):

A. cost driver B. direct cost C. allocation base D. indirect cost

Business

Companies pursuing a ________________ strategy typically centralize product development functions in their home country and then transfer innovations to foreign markets in order to capture additional value.

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following would most likely be used by a sales manager to estimate the sales potential of a prospect?

A) telemarketing B) qualifying C) trade show D) SWOT analysis E) account analysis

Business