Deepwater Mining Corporation offers to sell East China Refining, Inc., a certain quantity of unrefined oil. If East China sends an acceptance via Deepwater's authorized mode of communication, it will be effective when it is

A. in transit.
B. received.
C. sent.
D. written.


Answer: C

Business

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Indicate whether the statement is true or false

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A certain level of responsibility to which many qualified applicants find themselves rising to, and then no higher, despite their ability and willingness to contribute further to the goals of the firm is called

A. the glass ceiling. B. the revolving door. C. corporate segregation. D. zero tolerance.

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Buckette Co. owned 60% of Shuvelle Corp. and 40% of Tayle Corp., and Shuvelle owned 35% of Tayle.When Buckette prepares consolidated financial statements, it should include

A. Shuvelle and Tayle. B. Shuvelle but not Tayle. C. Either Shuvelle or Tayle. D. Tayle but not Shuvelle. E. Neither Shuvelle nor Tayle.

Business