kindly answer the following:

Capstone Fine Cabinetry wrote a letter to Miller, "We have received an exceptionally fine antique dresser which we will sell to you at a very favorable price." a. A valid offer cannot be made by letter. b. The letter lacks one of the essential elements of an offer. c. The letter contains a valid offer which will terminate within a reasonable time. d. The letter is an offer to sell. Which of the following statements is correct? a. Business Ethics is the study of business situations, activities, and decisions where issues of right and wrong are addressed. b. Business ethics is not a real concept as the rules and ethics of everyday life don't apply to the world of business. c. Business ethics cannot be defined as a real concept as it is an oxymoronic term. d. Business ethics is concerned with the study of assessing the activities of a business based on their profitability. What is Ethics to do with? a. The wider community b. Nothing c. Business d. Right and wrong A contract for sale may be made: a. By way of mouth b. My be implied from the conduct of the parties c. In writing d. All of the above I will sell you my house and lot at 100 McLeod Street, Calgary, AB for $750,000 payable upon merchantable deed, deal is to be complete within 60 days of the date of your acceptance. Assuming that this letter contains terms that are deemed sufficiently certain and definite, which of the following statements is correct? a. This is not an offer unless recipient thought the sender intended to make an offer b. This is not a offer unless both sender and recipient considered it as an offer c. This is not an offer unless sender intended it to be an offer d. This is an offer if a reasonable person with full knowledge of the circumstances would be justified in thinking it was intended as an offer The relationship between ethics and the law can be described as... a. Close, as there is considerable overlap between ethics and law, but the two are not equivalent. b. Not close, ethics and the law share a small amount of overlap, but fundamentally address differing questions and themes. c. Incredibly close, in fact, in all instances what is ethical is also what is legal and vice versa. d. Not at all close, ethics and the law are virtually incompatible. Trey's dog is sick, so he takes her to the vet for treatment. The vet examines and treats the dog, and she recovers fully. Trey is billed for the specific treatments and pays the vet $200. What type of contract is this arrangement? What consideration was given by each party? a. This is an example of a bilateral contract. Trey's consideration is the promise to pay the $200 fee and the vet's consideration is the promise to examine and treat the dog. b. Unilateral contracts and the consideration is the promise to pay the $200 fee. c. This is a contract for specific performance and the consideration is the promise to pay the $200 fee Elements of a valid contract include; a. An intention to contract, an offer and acceptance of that offer, consideration, Certainty of terms. Which of the following would most effectively act as the primary objective of a business organisation? a. To make profit b. To procure resources c. To communicate with shareholders d. To mediate between the organisation and the environment When a firm charges different prices to different groups of customers, it may be accused of: a. Facilitating Payments b. Price Discrimination c. Money Laundering d. Cultural Relativism Misrepresentation occurs when: a. One party convinces another to enter an agreement under false pretences b. Does not present the facts of the contract truthfully to benefit themselves c. One party makes false claims about the other party's ability to perform the contract d. Is not fully and properly represented during the negotiations of the contract If a contract between two companies who often do business together includes ambiguous language that the parties cannot agree on the meaning of, what kind of other information could a court use to determine what the parties meant? a. The language and meaning of the document itself, past dealings between the parties, courts will work out the terms of the agreement if there is not enough information. b. The language and meaning of the document itself, past dealings between the parties, any communication between the parties before coming to an agreement. c. Courts will work out the terms of the agreement if there is not enough information, relevant From the options below, select one that most closely defines the concept of Business law. a. Laws on how to lawfully operate automobiles, and other vehicles capable of generating revenue. b. Consistent set of legal principles that govern how to form and run a business, including but not limited to, corporate law, real estate laws, consumer protection, trademark laws. c. Uniform set of legal principles for forming and running medium to large business enterprises. d. Laws that dictate how to buy and sell real estate. From the options below, select one that most closely defines a business operating ethically. a. A business that offers 90 day returns on purchased merchandise. b. Businesses that implement ethical policies only when this does not come at the expense of profits. c. A business that is fair to its employees, suppliers, customers and the environment. d. Business that offers cheapest discounts to its most loyal customers. is a key driving force shaping the current and future state of business ethics, in particular regarding and -related issues. a. Globalisation, Technological, Financial, Accountability b. Nationalisation, Cultural, Environmental, Accountability c. Privatisation, Cultural, Legal, Accountability d. Globalisation, Cultural, Legal, Accountability Healthy eating, particularly relating to sugar and salt consumption, food and packaging waste, and supply chain CO2 emissions are all business ethics issues facing the a. Construction industry b. Information and mobile technology industry incorrect c. Chemicals industry incorrect d. Supermarket industry correct In a contract for the sale of goods, the Buyer may have an action, in respect of physical injuries caused by defects in the goods. a. Against the dealer as also the manufacturer b. None of the options is correct c. Against the manufacturer d. Against the dealer Contracts entered by a public company after obtaining the certificate of incorporation, but before getting the certificate to commence business are termed as: a. Contracts at arm's length b. Provisional contracts c. Pre-incorporation contracts d. Preliminary agreements Deontology is the ethical theory that proposes that the most ethical choice is the one that will produce the greatest good for the greatest number. Select one: True False Contract law is a form of private law between individuals and/or companies. Select one: True False