Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Accomplishment of the purpose for which the Company was established or impossibility of accomplishing such purpose could be the reason for the company to be

image text in transcribed
Accomplishment of the purpose for which the Company was established or impossibility of accomplishing such purpose could be the reason for the company to be dissolved. To treat any agreement as a contract that is enforceable by the Law, there shouldn't be proper offer and acceptance. Select one: Select one: O True O True O False O False If the invitation by its wording implies that the potential buyer "may be" require the goods, acceptance of a tender sent in response to such an invitation results in a standing offer. Counteroffer is the new offers which comes after the rejection of first/original offer as it's not an acceptance of the original offer. Select one: Select one: O True True False O False

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting For Managers Financial Accounting

Authors: Morusu Sivasankar

1st Edition

6200624909, 978-6200624901

More Books

Students also viewed these Accounting questions

Question

5. What is parallel construction? Why is it important?

Answered: 1 week ago