Question: 3. What is the difference between a unilateral and bilateral contract. How are each of type of contract accepted? 4. What is a counter offer?

3. What is the difference between a unilateral and bilateral contract. How are each of type of contract accepted? 4. What is a counter offer? What impact, if any, does a counter offer have on the original offer

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

7-2. An engineer suspects that the surface finish of metal parts is influenced by the type of paint used and the drying time. She selects two drying times-20 and 30 minutes-and uses two types of...

1. What is the difference between a unilateral and bilateral contract. How are each of type of contract accepted? 2. What is a counter offer? What impact, if any, does a counter offer have on the...

BSL 150 1.James sees two young children playing tag at a subway station. James tells the children that they should be careful. One of the children runs very close to James when the other child tags...

Anderson's Business Law and the Legal Environment 23rd edition. By Twomey, Jennings, and Green. ISBN 13: 978-1-305-57508 Law 150 Read chapters 11 and 12. 1.James sees two young children playing tag...

- Types of warranties of title - Express and implied contracts Requirements of a valid contract What are shrink-wrap/click-on agreements Promises -- are they legally binding? When are they not...

Acceptance Michael Smith, Judy Olsen, Kristy Johnston, and their mother owned interests in seventy-eight acres of real property in Montana. When their mother died, she left her interest in the...

This is a course on Law of Contracts. 1. Mary slipped and fell while shopping in Giant Department Store. Giant's liability carrier defended on the basis of a $1,000 release taken by its adjuster,...

1. Mary slipped and fell while shopping in Giant Department Store. Giant's liability carrier defended on the basis of a $1,000 release taken by its adjuster, Sam. Mary claimed that she only signed...

2. a. The pretrial proceeding in which a criminal defendant is notified of the charges against him, his right to counsel is explained, and a determination regarding bail is made is known as the...

You deposit $10,000 in a savings account that earns 7.5% simple interest per year. What is the minimum number of years you must wait to double your balance? Suppose instead that you deposit the...

Use the following cash flows (in K billions) for the questions that follow: +use a 10% discount rate Year 0 Year 1-10 Investment -15 Sales 37.5 Variable Costs 30 Fixed Costs Depreciation Pretax...

what are the challenges of using the incremental cost allocation method when allocating common costs and how might they be overcome? The challenges of using the incremental method is that every user...

Read the articles on journaling and review the template provided. Identify what approach, to journaling, in the articles you found useful and why. Post to the discussion forum that you have reviewed...