Beck tells his mom that he is thinking of selling his vintage coupe to his neighbor, Sam, for $100. Beck's mom calls Sam and tells him about her conversation with Beck. Sam then calls Beck and tells him that he accepts his offer. Under these circumstances, ________.
A. the offer has been conditionally tendered
B. the offer violates the UCC's rule against third-party interveners in quasi contracts
C. the offer has not been communicated
D. this is a contract
Answer: C
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A firm may use its accounts receivable as collateral for a loan from a bank or other financial institution. Which of the following is/are true?
a. The firm physically maintains control of the accounts receivable, collects cash from customers, and repays the loan. b. If the firm fails to repay the loan, the lender can claim the receivables. c. If the firm has used its accounts receivable as collateral for a loan, the firm will continue to show those receivables as an asset (and there will also be a loan payable liability). d. The firm should disclose the lending arrangement in its financial reports. e. all of the above
Cumulative voting is permitted so the majority of shareholders can keep control of the board of directors
Indicate whether the statement is true or false
Inorganic search results are those that appear because of their relevance to the search terms, not advertisements.
Answer the following statement true (T) or false (F)
Which of these is not a guideline for developing a prototype?
A) Build the system slowly and carefully. B) Modify the prototype in successive iterations. C) Emphasize the user interface. D) Work in manageable modules.