An offer is valid only if it has: (a) Serious intent, (b) Clear and reasonably definite terms,

Question:

An offer is valid only if it has:

(a) Serious intent,

(b) Clear and reasonably definite terms, and

(c) Communication to the offeree. True/False

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

Step by Step Answer:

Related Book For book-img-for-question

Business Law With UCC Applications

ISBN: 9780073524955

13th Edition

Authors: Gordon Brown, Paul Sukys

See More Books

Question Posted: Jan 24, 2024 02:00 AM

See More Questions

A complete circuit contains two parallel-connected devices and a generator for providing the electromotive force. The resistance of the first device is 12 ohms, the resistance of the second device is...
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Assume that your team has been in contract with the headquarters of a company that owns several restaurants in different states in the US. Your team is to provide software that manages these...
The maximum allowable value of each of the reactions is 360 N. Neglecting the weight of the beam, determine the range of values of the distance d for which the beam is safe. 300 N 100 N 200 N B. 900...
In conducting an internal environmental assessment, why would an MNE want to identify its physical resources and personnel competencies?
Consider the probability distribution for the random variable x shown at the top of the next column. a. Find p, u2, and a. b. Graphp(x). c. Locate p and the interval p f 2u on your graph. What is the...
Lovato Motors Inc. has cash flows from operating activities of $720,000. Cash flows used for investments in property, plant, and equipment totaled $440,000, of which 85% of this investment was used...
Please make sure the answer is correct 100% Question 1) Ford has three assembly plants located in various parts of the country. The first plant (built in 1937 and located in Norwood, Ohio) requires 1...
No valid offer will exist when terms are indefinite, inadequate, vague, or confusing. True/False
The person who freely makes an offer is called an offeree. True/False
Gee Company has implemented a JIT flexible manufacturing system. Gary Polson, controller of the company, has decided to reduce the accounting requirements given the expectation of lower inventories....
Time ( s ) Velocity ( m / s ) 1 2 3 4 5 6 7 8 Calculate the velocity
The table below gives the data about Etruria's balance of payments. (All figures are in billions of dollars.) Foreign investment in Etruria Secondary (transfers) income received from abroad Primary...
Olive Corporation buys a material for P20 per unit. Sixteen thousand parts a year are needed. Carrying costs is P3.00 per unit and the ordering cost is P15. Required: Compute the economic order...
As a healthcare leader or manager, most of us are charged with supervising employees. The literature suggests the importance of hiring and retaining employees with high levels of emotional...
7-8. Evaluate the sum exactly. (10 points each) 7. 18 (1) n (33) "
Social insurance numbers (SIN) Determine which of the four levels of measurement (nominal, ordinal, interval, ratio) is most appropriate.
Players A, B, and C toss a fair coin in order. The first to throw a head wins. What are their respective chances of winning?
Millennium Club, Inc., operates a tavern in South Bend, Indiana. In January 2003, Pamela Avila and other minors gained admission by misrepresenting themselves to be at least twenty-one years old....
Gary Forsee was an executive officer with responsibility for the U.S. operations of BellSouth Corp., a company providing global telecommunications services. Under a covenant not to compete, Forsee...
Under California law, a contract to manage a professional boxer must be in writing, and the manager must be licensed by the State Athletic Commission. Marco Antonio Barrera is a professional boxer...
Production numbers for 2 shifts are shown. The shift supervisor of Shift 2 insists to the production manager that her operators are more productive than the ones on Shift 1. Using a confidence level...
In a class, the scores that students got are as shown. What are the 25, 50, 75 and 100th percentiles for the data? 84 84 98 80 89 83 85 56 85 84 84 74 84 81 83 80 45 86 67 79 81 78 76 85 83 77 86 83...
Number of points made by Teams A and B are shown. Which statement is true based on running the F-Test Two-Sample for Variances in the Data Analysis pack in Excel? Use a confidence level of 10% to...

An offer is valid only if it has: (a) Serious intent, (b) Clear and reasonably definite terms,

Question:

Step by Step Answer:

Business Law With UCC Applications

Students also viewed these Social Science questions