If communication of an offer occurs after the act of acceptance:
a. a proper acceptance can take place b. a delayed acceptance takes place
c. the court system will decided whether proper acceptance can take place after the fact d. the offeror must behave as though a proper acceptance took place if the offeree insists e. none of the other choices are correct
e
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Analyze the following independent situations. Required: For each situation, state the likelihood of a future event and state how the contingency will be reported.
a. Company A estimates it will have to pay $85,000 in warranty repairs next year. b. Company B is being sued by a customer. Company B's attorneys feel that this is a frivolous lawsuit and there is very little chance that the customer will win. c. Company C co-signed a note payable for Company D. Company D is having serious financial problems and it is reasonably possible that Company C will have to pay the note. d. Company E is being sued for a patent infringement. Company E's attorney feels that Company E will be found liable for damages caused by the patent infringement. However, the attorney states it is not possible to estimate the amount of the award.
Religion is not an important aspect of culture in countries that are secular where the church and state are split.
Answer the following statement true (T) or false (F)
Acceptance of drafts can be done orally
Indicate whether the statement is true or false
An assembly line to be balanced has six tasks in precedence. The task times are shown in the following table. Based on demand forecasts, the output rate has to be 160 units per day. The line operates 8 hours a day. Compute the theoretical number of work stations required (N).
a. 3
b. 4
c. 5
d. 6