Describe the circumstances under which silence on the part of an offeree will be a valid acceptance.
Question:
Describe the circumstances under which silence on the part of an offeree will be a valid acceptance. Does this seem reasonable and fair?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 69% (13 reviews)
Silence may indicate assent to ...View the full answer
Answered By
Muhammad Rehan
Enjoy testing and can find bugs easily and help improve the product quality.
4.70+
10+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Describe the circumstances under which sensitivity analysis might be a reasonable basis for determining changes to a firms EBIT or FCF.
-
Describe the circumstances under which the accounts of a subsidiary would not be included in the consolidated financial statements.
-
Describe the circumstances under which the current, quick, and cash ratios, respectively, are more appropriate measures of short-term liquidity than the other ratios?
-
At December 31, 2020, the following information was available for Tai Lin Goods: ending inventory HK$400,000, beginning inventory HK$580,000, cost of goods sold HK$2,842,000, and sales revenue...
-
Explain the relationship between autoimmunity and an immune response.
-
For the following exercises, sketch a graph of the piecewise function. Write the domain in interval notation. if x < 1 (2x-1 =f(x)={1+x if x21
-
A contract is created to refurbish a luxury yacht: new color schemes, new furniture, new wall and floor coverings, new light fixtures, and window treatmentsthe whole works. Of course, it is not just...
-
1. Describe the situation at Lehman Brothers from an ethics perspective. Whats your opinion of what happened here? 2. What was the culture at Lehman Brothers like? How did this culture contribute to...
-
Short-Term (Operating) financial planning begins with the forecast. Based on this forecast, operating expenses can be estimated and then pro forma income statement and cash budget can be prepared....
-
Refer to the Big Rig Rental Company case. Design a spreadsheet that will allow the firm to determine the Net Present Value of cash flows over the five-year period. The following exercises refer to...
-
Study each of the following case. Answer the questions that follow with Yes or No. Neto learned that Quan, his neighbor, intended to sell his powerboat. Neto texted Quan stating that he wanted to buy...
-
Why are newspaper advertisements not considered valid offers?
-
A bean bag is randomly thrown onto the square table top shown below and does not touch a line. Determine the probability that the bean bag lands on An area that is not green.
-
At the end of the period on December 31, 2022, Jack's Fishing and Tackle shop accrued interest expense in the amount of $82. On January 15, 2023, the loan payment was made and included $2,000...
-
The frame defined by points ABCDEF is supported by one roller and one fixed support and is loaded with a concentrated force of 10kN as shown above. You will need to do the following: 1. Construct an...
-
Based on the design of the study and data collection method, a. Identify the sample and the population b. The mean you calculated in question 4 is a parameter. True or False? c. How would you name...
-
The floor plan shown defines the column locations and floor framing layout for Level 2 of a building. For member B1, your colleague selected a noncomposite W24x68 (A992 steel). Required: a) Show that...
-
The management of the Beshy Fitness Club believes that the attendance by its members is an appropriate activity measure for total operating cost Shown below are attendance figures and total operating...
-
A pulsed laser produces brief bursts of light. One such laser emits pulses that carry 0.350 J of energy but last only 225 fs. (a) What is the average power during one of these pulses? (b) Assuming...
-
Suppose that a business sells 6-month subscriptions to its monthly magazine. On January 1, the company receives a total of $600 for 10 subscriptions. To record this transaction, the company debits...
-
Study each of the following case. Answer the questions that follow with Yes or No. Jena, who had been declared mentally incompetent by the courts, purchased a high-powered sports car for $46,000....
-
Enforcement of laws that are intended to protect the environment sometimes has unforeseen economic effects, such as plant closings and unemployment. How should society attempt to balance...
-
Study each of the following case. Answer the questions that follow with Yes or No. Pickens was one of a group of four army veterans who met once a month to play poker. On one occasion, Pickens lost...
-
ABC had the following income statement for the period ending on December 31, 2020. Income Statement for the year ended 31/12/2020 Net Sales 120,000 Cost of Goods Sold 80,000 Gross Profit 40,000...
-
SERIE MONTO NOMINAL UNIDAD DE TASA DE PLAZO FINAL REAJUSTE DEL INTERSCUPN COLOCADO BONO VIGENTE A $100.000.000 Dlares 5,5% 01-01-2028 B $55.000.000 Dlares 3,4% 01-04-2032 C $45.000.000 Dlares 5,5%...
-
Cullumber Company's balance sheet at December 31, 2026 reports assets of $1068000 and liabilities of $737000. All of Cullumber's assets' book values approximate their fair value, except for land,...
Study smarter with the SolutionInn App