The rejection of an offer:
A) Is effective when sent to the offeror, and prevents the offeree from later accepting that
offer.
B) Is effective when received by the offeror, and prevents the offeree from later accepting that
offer.
C) Is effective when received by the offeror, but does not prevent the offeree from later
accepting that offer.
D) Is effective when sent to the offeror, but does not prevent the offeree from later accepting
hat offer.
B
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Acknowledging you made a mistake is an example of negative assertion
Indicate whether the statement is true or false.
Uber uses a pricing strategy based on real-time market conditions. It charges less in periods of low demand and more during periods of high demand. Sometimes these prices double or triple during periods of high demand. Uber argues that these higher prices motivate more drivers to pick up passengers, thus increasing the supply of drivers needed to handle the additional demand. This demand-based pricing strategy is an example of
A. special-event pricing. B. penetration pricing. C. dynamic pricing. D. cost-plus pricing. E. reference pricing.
Refer to Table 4-2. The Debt to Equity ratio for 2008 was approximately
A) 1.95. B) 0.51. C) 0.95. D) 2.05. E) 1.05.
Assume a fixed cost for a process of $100,000. The variable cost to produce each unit of product is $10, and the selling price for the finished product is $50. Ignoring inventory, how many units must the firm sell to break even?
Fill in the blank(s) with the appropriate word(s).