Which of the following must be present for an offer to have a legal effect?

A. Communication of the intention
B. Invitation to negotiate
C. Invitation to offer
D. Definiteness


Answer: D

Business

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In a Federal Trade Commission (FTC) case, if at the end of an administrative hearing the judge feels a violation of the law has taken place, the judge will issue a:

A) cease and desist order B) consent agreement C) corrective advertising directive D) trade regulation ruling

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Which company has "The Wall of Shaygan", which is a digital dashboard that tracks 100 - plus IT systems on a single screen?

A. Burlington Northern and Santa Fe Railroad. B. Bostoncoach. C. Verizon communications. D. Rivalwatch.

Business

Which of the following is one of the three stages in preparing a cash budget?

A. Calculating financial ratios B. Estimating expenses C. Calculating depreciation expenses D. Finalizing the balance sheet E. Preparing the bank reconciliation report

Business

A distribution of profits to shareholders is called a bonus

Indicate whether the statement is true or false

Business