Distinguish between an offer and an invitation to treat. Give an example of each. How does the
Question:
Distinguish between an offer and an invitation to treat. Give an example of each. How does the distinction help to promote commercial activity?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
An offer is an indication of a willingness to enter into a contract on certain terms whereas an invi...View the full answer
Answered By
Sarfraz gull
have strong entrepreneurial and analytical skills which ensure quality tutoring and mentoring in your international business and management disciplines. Over last 3 years, I have expertise in the areas of Financial Planning, Business Management, Accounting, Finance, Corporate Finance, International Business, Human Resource Management, Entrepreneurship, Marketing, E-commerce, Social Media Marketing, and Supply Chain Management.
Over the years, I have been working as a business tutor and mentor for more than 3 years. Apart from tutoring online I have rich experience of working in multinational. I have worked on business management to project management.
5.00+
3+ Reviews
10+ Question Solved
Related Book For
Managing the Law The Legal Aspects of Doing Business
ISBN: 978-0133847154
5th edition
Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer
Question Posted:
Students also viewed these Business questions
-
Distinguish between an offer and an invitation to treat.
-
How does the distinction between monitor mode and user mode function as a rudimentary form of protection (security) system?
-
Give an example of each of the following: (a) A good that is rivalrous in consumption and is excludable, (b) A good that is nonrivalrous in consumption and is excludable, (c) A good that is rivalrous...
-
Need assistance on adding accounting info to the excel worksheet posted. A.) would 97,400 go under cash or fixed assets ? Number Styles Cells Editing Ideas g Cash Balance B. C D E H. K M T. 0,1,F...
-
Steve Drake sells a rental house on January 1, 2012, and receives $130,000 cash and a note for $55,000 at 10 percent interest. The purchaser also assumes the mortgage on the property of $45,000....
-
The figures show graphs of a function f that converts fluid ounces to pints and a function g that converts pints to quarts. Evaluate each expression. Interpret the results. (a) (b) f(1) (c) (f og)(1)...
-
According to the real business cycle theory, productivity shocks are an important source of business cycles. Using the Cobb-Douglas production function and annual data since 1961, calculate and graph...
-
Jasmine Scents has been given two competing offers for short-term financing. Both offers are for borrowing $15,000 for 1 year. The first offer is a discount loan at 8%; the second offer is for...
-
What are the two main groups in which economic transactions are presented? What the Capital and Financial accounts include? Does the sum of all entries in the BOP equal to zero? Why or why not?...
-
A store maintains data on customers, products and purchase records in three tables: CUSTOMER, PRODUCT, PURCHASE. The store manager wants to know which product is on its maximum discount for each...
-
Briefly discuss the commercial and ethical implications of revoking a firm offer.
-
Distinguish between an offer and an invitation to treat. Give an example of each. How does the distinction help to promote commercial activity?
-
What are the three management skills?
-
I need JAVA CODE TO BE MODIFIED TO ACCOMPLISH AS PER THE INSTRUCTION BELOW: Employee Class: The Employee information you must track is as follows: ID (This is generated randomly) Name Gender Job...
-
A hollow steel ball of mass kg is suspended from a spring. This stretches the spring m. The ball is started in motion from the equilibrium position with a downward velocity of 0.3 meters per second....
-
You must use GridBagLayout for this assignment. Must have the application that displays a menu of items on the left hand side and displays the total of all the items selected on the right. The...
-
Learning Goal: To understand the behavior of the electric field at the surface of a conductor, and its relationship to surface charge on the conductor. A conductor is placed in an external...
-
Explain the reason why political issues is important for us to learn about inner- cultural communication today?
-
A baseball team consists of three outfielders, four infielders, a pitcher, and a catcher. Assuming that the outfielders and infielders are indistinguishable, how many batting orders are possible?
-
A police officer pulls you over and asks to search your vehicle because he suspects you have illegal drugs inside your car. Since he doesn't have reasonable suspicion to search your car, legally he...
-
Explain the effect of the First Amendment upon (a) corporate political speech, (b) commercial speech, and (c) defamation.
-
Explain the difference between substantive and procedural due process.
-
This consolidated appeal involves respondent Department of Transportations (DOTs) interpretation of federal law governing airline service at Love Field airport. Petitioners Dallas Fort Worth...
-
Georgias employee will match her contributions into a retirement plan up to 5% of her 40,000 annual salary. in other words, the employee will put $1 into her retirement plan for every $1 Georgia puts...
-
Stock in Country Road Industries has a beta of 1.09. The market risk premium is 7.5 percent, and T-bills are currently yielding 3.5 percent. The company's most recent dividend was $1.7 per share, and...
-
Festival Dancing and Fitness In this activity, you will be provided with a review on the implication of dancing activity to your fitness by way of determining your range of Target Heart Rate. Let us...
Study smarter with the SolutionInn App