In general, an acceptance occurs when:
A)a particular form of words is stated to the offeror.?
B) a particular mode of expression is made to the offeror
C) the offeree reserves the right to reject the offer.
D) a clear expression of the offeree's agreement to be bound by the terms of the offer occurs.
D
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________ auctions let would-be suppliers submit only one bid; they cannot know the other bids
A) Descending bid B) Sealed-bid C) English D) Dutch E) Reverse
Product development cycle time is ______.
A. the time it takes to conceptualize, produce, and deliver a product or service B. the time it takes to receive supplies from the time these are ordered C. the time it takes to deliver a product or service D. the time it takes to manufacture a product or service
Merchandise inventory at the end of the year was inadvertently overstated. Which of the following statements correctly states the effect of the error on net income, assets, and owner's equity?
A) net income is overstated, assets are overstated, owner's equity is understated B) net income is overstated, assets are overstated, owner's equity is overstated C) net income is understated, assets are understated, owner's equity is understated D) net income is understated, assets are understated, owner's equity is overstated
The Necessary and Proper Clause states that the Supreme Court is to ensure that statutes passed by Congress are "necessary and proper" under the Constitution
a. True b. False Indicate whether the statement is true or false