Which of the following statements about an offer is true?
A. The death of an offeror will terminate the offer.
B. An offer is effective upon dispatch.
C. A grumbling acceptance is a rejection and terminates the offer.
D. Any definite offer made by a merchant is called a "firm offer."
Answer: A
You might also like to view...
A product feature is defined as:
A. a performance characteristic of a product. B. a favorable result the buyer receives from use of the product. C. a characteristic of the product that is not special enough to be called a benefit. D. a way in which the product will help the buyer. E. any physical characteristic of a product.
Activity times should not be included in a service blueprint
Indicate whether the statement is true or false
Which of the following would not be considered a company operating in the long tail of a typical sales curve?
A. Walmart B. Netflix C. iTunes D. Zappos
Lisette owns a shoe store on the border of France. Due to price discrimination, she can buy Louboutin leather boots in Italy at a lower cost than purchasing them from her local French supplier, so once a month she drives to Italy and buys boots to resell at her store. What is this an example of?
A. predatory pricing B. arbitrage C. dumping D. modeling E. speculation