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-BARSIC- [3]
3 years ago
12

John Freeden is negotiating with Bill Murray to buy Bill's mountain bicycle. The following conversation has taken place: John: "

I will buy your mountain bike for $325.00." Bill: "I couldn't sell it for less than $375.00." John: "I'll take it for $375.00." Which of the following statements is true?
A) Bill and John have a contract for the sale of the bike at $375.00
B) Bill and John have a contract for the sale of the bike at $325.00.
C) Bill and John do not have a contract.
D) None of the above
Business
1 answer:
aliya0001 [1]3 years ago
5 0

Answer:

A) Bill and John have a contract for the sale of the bike at $375.00

Explanation:

John first made an offer to buy the bike at $325 ⇒ Bill responded with a counteroffer increasing the price of the bike ⇒ John accepted Bill's counteroffer ⇒ they have a binding contract.

When parties are bargaining a contract, the process of giving an initial offer and then a counteroffer (or counteroffers) is part of the process of forming a contract. It is a necessary part, since without this bargaining process there is no contract. A contract is formed when one of the parties accepts the other party's offer or subsequent counteroffer.

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a carrying cost

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A carrying cost -

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It is also called inventory costs , holding costs.

Carrying cost includes the insurance , the amount spend on the stage of the products , employees cost and includes costs .

Hence, from the given scenario of the question, the correct term for the given options of the question is a carrying cost.

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3 years ago
Morgan is going to give a presentation on how to prepare a tax return. Which of the following would constitute a suitable thesis
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The correct answer is a. Preparing a tax return is a fairly simple process, if you know what documents you need.

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3 years ago
Libraries and the registrar/bursar are examples of resources that
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The correct option is B. Libraries and the registrar/bursar are examples of resources that may be accessible online.

You will converse with peers on the subjects covered in a session on the discussion board.

<h3>What are study resources?</h3>

Study aids are available to support students in achieving their academic and non-academic objectives. Making use of these beneficial hints can help you get the most out of your education. While balancing life as a student, time management and access to study materials is crucial.

Learning Materials Materials are things that are employed in the teaching of a subject. The "Primary Material Type" field and the "Secondary/Other Material Type" field definitions for the material types that can be chosen during upload are listed below.

The best choice is B. Online resources include the registrar/bursar and libraries, for instance.

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If an international location's actual trade price is growing, its method of its of goods has become extra costly relative to its competitors. Growth within the actual alternate charge means humans in a country can get more foreign goods for an equal quantity of domestic goods.

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