Wes, who is an art collector, offered to buy a print from Le Monde Gallery. Le Monde balked at the price, sending Wes a letter of rejection. That day it discovered that the print was not as highly valued as originally thought. Le Monde immediately telephoned Wes to accept his offer. Is there a contract?

a. Yes, since the acceptance was received before the rejection.
b. No, because the rejection was effective upon dispatch.
c. No, because the rejection terminated the offer.
d. Yes, because the acceptance is always effective upon dispatch.


a

Business

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All of the following correctly states McDonald's approach to standardization and adaptation of the marketing mix except:

A) McDonald's standardizes some product elements and adapts others. B) McDonald's standardizes some place elements and adapts others. C) McDonald's standardizes some promotion elements and adapts others. D) McDonald's standardizes some price elements and adapts others. E) McDonald's standardizes all product elements.

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Molly focuses her leadership behaviors on helping followers reach their full potential as human beings. She is using ______.

A. situational leadership B. path–goal leadership C. contingent reward leadership D. transformational leadership

Business

According to the National Consumer Arbitration Program, arbitrators can award damages for personal injuries suffered as a result of a defective product

Indicate whether the statement is true or false

Business

Quin, an accountant, prepares for Reddy, Inc., a financial statement that omits a material fact. The statement is included in Reddy's registration statement with the Securities and Exchange Commission. Timor, who reads the statement, and Ubi, who does not, each buy Reddy stock. Velma reads the statement but does not buy the stock. Under Section 11 of the Securities Act of 1933, Quin may be liable to

A. no one. B. Timor and Ubi. C. Timor, Ubi, and Velma. D. Ubi only.

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