Describe the three requirements for a valid acceptance.

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

The Legal Environment of Business A Critical Thinking Approach

ISBN: 978-0132664844

6th Edition

Authors: Nancy K Kubasek, Bartley A Brennan, M Neil Browne

See More Books

Question Posted: Mar 25, 2013 05:25 AM

See More Questions

Describe the three requirements for a valid offer.
What are the three requirements for a valid offer?
Review the basic requirements for a valid contract listed at the beginning of this chapter. Now consider the relationship created when a student enrolls in a college or university. (a) One group...
In Exercises 1114, graph each equation in a rectangular coordinate system. If two functions are indicated, graph both in the same system. Then use your graphs to identify each relations domain and...
In a game played by members of the set N, is the set of proper coalitions (example 1.3) a partition of N?
On July 1 , 2 0 1 9 , Marigold Corp. issued 1 0 % bonds in the face amount of $ 1 0 3 0 0 0 0 0 , which mature on July 1 , 2 0 2 5 . The bonds were issued for $ 9 8 6 4 2 5 5 to yield 1 1 % ,...
Give a scenario where the partitions rule applies. LO5
GigaCo. manufactures 1-GB flash drives (jump drives). Price and cost data for a relevant range extending to 200,000 units per month are as follows: Sales price per unit (current monthly sales volume...
The following data relate to a company that produces and sells a travel guide that is updated monthly $6,000 2000 72.000 Fixed costs: Copy editing Art work Typesetting Variable costs: Printing and...
Presented below are excerpts from Note 1 to Starbucks' September 30, 2012, consolidated financial statements in which Starbucks describes accounting policy for long-lived assets. a. Leasehold...
Explain the distinction between a void and a voidable contract; between an executed and an executory contract; between a unilateral and a bilateral contract.
Explain how an offer can be terminated.
Prepare journal entries related to typical events of a not-for-profit organization. AppendixLO1
A year-end cut-off error occurred in 2017. A large shipment of nonperishable supplies arrived from South America on the last day of 2017 and had been left in the shipping containers outside the main...
15. [5] It's not so difficult to incorporate time-varying volatility into the BSM model as long as the time variation is not random. Assume a BSM economy, but this time, assume that the volatility of...
3.6. Explain and discuss the potential benefits to be gained by using blade twist, plan- form taper, low solidity, large radius, and low rotational speed for the main rotor of a heavy lift helicopter...
2. A VRM (Voltage Regulator Modul) is used to supply the voltageto the CPU of a computer. In the new generation of microprocessors,whose power consumption is 100W, the input voltage to the VRM is12V...
Alvarado Company produced 6,400 units of product that required 5.5 standard direct labor hours per unit. The standard variable overhead cost per unit is $5.80 per direct labor hour. The actual...
Explain how an MNCs consolidated earnings are affected when foreign currencies depreciate.
a) Calculate the goodwill that was paid by Major Ltd on the acquisition of Minor Ltd. [10 marks] b) Prepare the consolidated statement of financial position for Major Ltd at 31 July 20X8. [30 marks]...
Ron and Judy Rupert have the following health expenses. Which expenses are deductible as medical expenses? a. Toothpaste and dental floss for cavity prevention b. Acupuncture treatments for Ron c....
(a) You are a project manager for a company making a major proposal to a Middle Eastern country. Your major competition is from Japan. Your local agent, who is closely tied to a very influential...
On June 15, a newspaper columnist predicted that the coast of State X would be flooded on the following September 1. Relying on this pronouncement, Gullible quit his job and sold his property at a...
State Senator Bowdler convinced the legislature of State Z to pass a law requiring all professors to submit their class notes and transparencies to a board of censors to be sure that no lewd...
Aecerty 1067687 was completed with the folowing charaderistick Murulectere sec00 5xs:99 s35ida sputed
Assume todays settlement price on a CME EUR futures contract is $1.3180 per euro. You have a long position in one contract. EUR125,000 is the contract size of one EUR contract. Your performance bond...
Q2. Company ABC bought an equipment for $20,000 in 2015, with useful life of 5 years $5,000 residual value amortized using straight-line method. Prepare a table to illustrate the differences...

Describe the three requirements for a valid acceptance.

Question:

Step by Step Answer:

The three requirements for the valid acceptance are communication commitment and definite terms 1 Co...View the full answer

The Legal Environment of Business A Critical Thinking Approach

Students also viewed these Business Law questions