Shaggy agreed to buy Fred's golf clubs by sending him a letter in the mail accepting Fred's offer. Shaggy did not have any knowledge of Fred revoking his offer before he accepted the offer. Based on these facts, Shaggy's acceptance took effect upon ___________ under the mail-box rule.

a. dispatch
b. receipt
c. rejection
d. revocation


d. revocation (Revocation trumped by earlier acceptance)

Business

You might also like to view...

Shaun is going shopping with his dad to buy his first baseball glove for Little League. He listens to his dad talk to the salesperson at the sporting goods store, watches him examine the stitching in the glove and then rub his finger over the leather palm. Shaun's observations are part of his

a. consumer development. b. attitude development. c. purchasing evaluation. d. consumer socialization. e. consumer attitude.

Business

Which of the following is not a step to generate an idea box?

A) Specify the purpose B) List variations C) Try combinations D) Implement solutions

Business

Name four types of reliability and what they measure.

What will be an ideal response?

Business

Which of the following probability distributions can be used to describe the distribution for a continuous random variable?

A) Normal distribution B) Binomial distribution C) Poisson distribution D) Hypergeometric

Business