The ________ rule states that the offeree must accept the terms of an offer as stated in the offer.

A. auction
B. mailbox
C. mirror-image
D. counteroffer


Answer: C

Business

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Which of the following controls would be most successful in mitigating the theft of customer checks received in the mail?

a. Custody of receipts by the accounts receivable manager. b. Restricted endorsements placed on the check as soon as it arrives. c. Weekly deposits to a secure bank. d. Reconciliation of bank accounts each month.

Business

A donor gave a nonprofit organization a $10,000 gift to pay the implementation costs of a new program. This is an example of a(an) ______.

A. endowment B. trade benefit C. permanent restriction D. temporary restriction

Business

Automatic light control systems have been found generally to waste more energy than they save

Indicate whether the statement is true or false.

Business

When suppliers are encouraged to locate near manufacturing plants, the goal of the JIT partnership is to reduce ________ inventory

Fill in the blanks with correct word

Business