The offeror who makes a firm offer and promises to hold it open for six months:
A. cannot revoke the offer under any circumstances unless the offeree consents to the revocation.
B. could revoke after six months, even if the offeree has already accepted the offer.
C. could revoke after three months, even if the offeree has already accepted the offer.
D. could revoke after three months, assuming the offeree has not already accepted the offer.
Answer: D
You might also like to view...
For a manufacturer, materials storage is a value-adding activity
Indicate whether the statement is true or false
Which of the following is/are true regarding the Finished Goods Inventory account?
a. This account measures the total manufacturing cost of units completed but not yet sold. b. The sale of manufactured goods to customers results in a transfer of their cost from the Finished Goods Inventory account to Cost of Goods Sold. c. The journal entry for the sale of the inventory to a customer is a debit to Cost of Goods Sold and a credit to Finished Goods Inventory. d. all of the above e. none of the above
The ________ test is a statistical test to see if an observed data fit a particular probability distribution
Fill in the blank with correct word.
If a borrower fails to repay a secured loan, the lender may foreclose on the collateral
a. True b. False Indicate whether the statement is true or false