Which term refers to whether an offeree accepts an offer by promising, by making a down payment or by performing?

A) manner of acceptance
B) method of acceptance
C) definiteness
D) intent


A

Business

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One of the traditional buyer's rights is the right not to buy a product that is offered for sale

Indicate whether the statement is true or false

Business

The income statement:

a. subtracts the cost of goods sold from the total revenue to get net income b. subtracts the operating expenses from the total revenue to get net income c. subtracts the cost of goods sold and operating expenses from the total revenue to get net income d. reports all income with no adjustment for cost of goods sold or operating expenses Ans: C

Business

Generally speaking, succession planning is relatively easy in family-owned firms compared to other types of organizations.

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

Business

According to the theory of constraints, which of the following is a kind of time that makes up the cycle time in production?

A. Process time B. Quitting time C. Information time D. Finish time E. Starting time

Business