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2 years ago

Revocation of an offer is valid once it is __________________.

2 answers:

5 0

Revocation of an offer is valid once it is <u>B. received</u> by the offeror (the person making the offer), meaning that it has been communicated to the other party by the offeree.

<h3>What is the revocation of an offer?</h3>

The revocation of an offer is the nullification or canceling of an offer by the offeree. It becomes effective when the offeree communicates to the offeror before acceptance.

Once the revocation has been communicated, the offer is no longer considered valid and cannot legally be accepted. The implication is that revocation goes into effect immediately it has been communicated to the relevant party.

Thus, revocation of an offer is valid once it is <u>B. received</u> by the offeror.

Learn more about offer revocations at brainly.com/question/26532053

vampirchik [111]2 years ago

3 0

Revocation of offer is valid once it is received by the offer or that is the person making the offer.

<h3>What is Revocation of an offer?</h3>

Revocation of offer refers to the process of withdrawing former offer use for any form legally binding contract engagement. The former offer would have become legally binding if the other party had formally agreed to the offer.

Once, Revocation of offer has been communicated, it is no longer conferred valid and legal again.It cannot be accepted.

Therefore, Revocation of offer is valid once it is received by the offer or that is the person making the offer

Learn more about Revocation of offer from the link below.

brainly.com/question/2653053

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guajiro [1.7K]

A is the correct answer

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4 years ago

Read 2 more answers

esse Pinkman is thinking about trading cars. He estimates he will still have to borrow $31,000 to pay for his new car. How larg

MA_775_DIABLO [31]

Answer:

Jesse's monthly car loan payment has to be $2,716.75.

Explanation:

Jesse's monthly car loan payment can be calculated using the formula for calculating the present value of an ordinary annuity as follows:

PV = P * ((1 - (1 / (1 + r))^n) / r) …………………………………. (1)

Where;

PV = Present value or amount to borrow = $31,000

P = Monthly car loan payment = ?

r = Monthly interest rate = APR / Number of months in a year = 9.4% / 12 = 0.094 / 12 = 0.00783333333333333

n = Number of months = Number of year * Number of months in a year = 1 * 12 = 12

Substitute the values into equation (1) and solve for P, we have:

$31,000 = P * ((1 - (1 / (1 + 0.00783333333333333))^12) / 0.00783333333333333)

$31,000 = P * 11.4106954292971

P = $31,000 / 11.4106954292971 = $2,716.75

Therefore, Jesse's monthly car loan payment has to be $2,716.75.

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4 years ago

MC Qu. 95 A job was budgeted to require... A job was budgeted to require 2 hours of labor per unit at $12.00 per hour. The job c

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Answer:

The direct labor rate variance is negative 16,500

Explanation:

8,000 units at 2hours per unit = 16,000 hours x <em>$12 per hour</em> = $192,000 standart cost for the job

actual 15,000 hours and $196,200 total labor cost

labor cost per hour = 196,200/15,000 = <em>13.1 actual rate per hour</em>

( standar rate - actual rate ) x actual hours = rate variance

(12 - 13.1) x 15,000 = -1.1 x 15,000 = -16,500

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3 years ago

Every motor vehicle registered in a foreign jurisdiction and every motorcycle registered in this state must be equipped with a m

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Every motor vehicle registered in a foreign jurisdiction and every motorcycle registered in this state must be equipped with a mirror located so that the driver is able to view the roadway 200 feet to the rear of the vehicle.

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3 years ago

L Corporation produces and sells 13,800 units of Product X each month. The selling price of Product X is $20 per unit, and varia

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Answer:

It will be a financial disadvantage of 52,800

Explanation:

Continued Discontinued Differential

Sales 276000 - -276,000

Variable -193,200 - 193,200

Fixed -30,000 - 30,000

Allocate cost -73000 -73000 -

Result - 20,200 -73,000 -52,800

We compare each alternative:

if discontinued only the allocate cost will remain.

but we also loss the contribution of the product sales.

Sales 13,800 x 20

Variable 13,800 x 14

Tracable Fixed total fixed cost - unavoidable fixed cost

103,000 - 73,000 = 30,000

Allocate 73,000

Once we got the number we plug into the table and calcualte the differential income.

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4 years ago