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Nata [24]
2 years ago
13

Revocation of an offer is valid once it is __________________.

Business
2 answers:
Amiraneli [1.4K]2 years ago
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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Andre's Dog House had current assets of $67,200 and current liabilities of $71,100 last year. This year, the current assets are
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Answer:

$1400

Explanation:

Net working capital is obtained by subtracting total current liabilities from total current assets.  Current assets and liabilities are expected to be used or paid within one year.

Change in net working capital would be the change in current assets - change in current liabilities.

last year  current assets  $67,200 : current liabilities $71,100

This year  current assets  $82,600 : current liabilities  $85,100

change Net operating capital = {$82,600- 67,200} - {85,100 - 71,100}

                     =$15,400 -14,000= -$1400

Change in networking capital = $1400

8 0
3 years ago
During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo
tino4ka555 [31]

Answer:

Option (c) is correct.

Explanation:

Given that,

Labor costs = $175,000

Production order = $150,000

General factory use = $25,000

Factory overhead applied to production = $23,000

Therefore, the journal entry is as follows:

Work in process A/c Dr. $23,000

       To Factory overhead             $23,000

(To record the factory overhead applied to production)

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What does s1 stand for in the formula to calculate moving averages?
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How can gdp per capita and poverty rates indicate standards of living in each system?​​
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3 years ago
​_______________ tend to carry a wide array of goods for a long period of​ time, while​ _______________ focus more on the positi
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The answers are the following; assortment warehouse and spot stock warehouses.

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