An option contract is created when an offeror promises to hold an offer open for a specified period of time in return for a payment given by the offeree

Indicate whether the statement is true or false


True

Business

You might also like to view...

Folks Southern Kitchen advertises in the local newspaper a special $7.99 lunch special at any of its outlets during March. What type of promotion is being used?

A) coupon B) sampling C) premium D) price-off

Business

Del Vecchio, the Italian entrepreneur's business principles include all but one of the following:

A) "Made in Italy" is important. B) cutting costs to keep production at home. C) investing in automation. D) hiring qualified personnel. E) investing in Robots, not workers.

Business

Preferred stock receives first preference on voting rights

a. True b. False Indicate whether the statement is true or false

Business

A typical newspaper company in the early part of the 20th century might employ both printers and "newsies" (young men and boys who sold the papers). Which of the following best illustrates the AFL's concept of exclusive jurisdiction?

A. One union should represent both the printers and newsies. B. One union should represent the printers but could also represent other workers, say shoemakers at a local shoemaking company. C. One union should represent the printers and only the printers while another union should represent the newsies (and only the newsies). D. The printers are represented by both the printers' union and the newsies' union.

Business