Elmer wrote a letter to his friend Fred offering to sell Fred an 80-acre farm for $200,000 . After mailing the letter, Elmer learns that the farm is actually worth $300,000 and changes his mind about selling. In this case, Elmer:
a. has made a firm offer to Fred which cannot be revoked.
b. can revoke his offer at any time before Fred accepts it, because there is no consideration to keep it open.
c. must keep the offer open, because this is an option contract.
d. cannot, because of promissory estoppel, revoke his offer to Fred.
b
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A procedure speech explains
A) how something happens B) how to do something C) how something operates D) how something works
Many US firms prefer to sell in Canada, England, and Australia — rather than in larger markets such as Germany and France — because they feel more comfortable with the languages, laws, and culture, which reflect the ________ between these
countries and the United States. A) self-serving bias B) coincident development C) psychic proximity D) cognitive dissonance E) backward invention
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Indicate whether the statement is true or false
One of the many lean techniques that have been successfully applied in service firms is the upgrading of housekeeping.
Answer the following statement true (T) or false (F)