An effective revocation:

a. must be communicated to the offeree before acceptance b. must be communicated to the offeree after acceptance
c. need not be communicated to the offeree before acceptance d. must be filed through a court
e. must be initiated by the offeree


a

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Consider Figure 5.3. If the Swedish government auctions import licenses to the highest bidder in a competitive market, it could realize revenues of up to

a. $3.20. b. $4.00. c. $4.80. d. $5.60.

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Randi's family has always owned Toyota vehicles and has been very happy with them. Now that Randi is ready to buy her first vehicle, she doesn't even want to look at other manufacturers because she feels that Toyota's are the best. Randi is exhibiting brand

A. recognition. B. exclusion. C. discrimination. D. loyalty. E. equity.

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Rebecca and Brad are married and will file jointly. Rebecca earns $300,000 from her single-member LLC (a law firm). She reports her business as a sole proprietorship. Wages paid by the law firm amount to $40,000; the law firm has no significant property. Brad is employed as a tax manager by a local CPA firm. Their modified taxable income is $381,400 (this is also their taxable income before the deduction for qualified business income). Determine their QBI deduction for 2019.

What will be an ideal response?

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Due to the ease of comparison shopping through the Internet, many marketers are focusing on the value of their products in communications with customers.

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

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