1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ladessa [460]
3 years ago
10

Adel wrote Abdullah, "I will sell you my house and lot at 419 West Lombard Street, San Francisco, California for $950,000 payabl

e upon
merchantable deed, deal to be completed within 60 days of the date of your acceptance." Assuming that Adel's letter contains terms which,
are deemed sufficiently certain and definite, which of the following statements is correct?
Select one:
a. Adel's letter is not an offer unless Abdullah thought Adel intended to make an offer.
b. Adel's letter is an offer if a reasonable person with full knowledge of the circumstances would be justified in thinking it was intended as an
offer.
C. Adel's letter is not an offer unless both Adel and Abdullah considered it as an offer.
d. Adel's letter is not an offer unless Adel intended it to be an offer.
Business
1 answer:
enyata [817]3 years ago
3 0

Adel's letter is not an offer unless both Adel and Abdullah considered it as an offer.

Explanation:

In the context given above is an offer if the letter is accepted by both the parties as an offer. Here Adel is writing a letter where he wants to sell his house $950000 payable upon merchant deed and this deal has to be completed within 60 days the day when it was accepted. In this letter he is also mentioning that he wants to sell the house to Abdullah. Hence this letter becomes a deal when both of them accept it from their parts.

You might be interested in
Ming Company had net income of $772,200 based on variable costing. Beginning and ending inventories were 7,800 units and 5,200 u
Otrada [13]

Answer:

$764,400

Explanation:

Given that,

Net income under variable costing = $772,200

Beginning inventories = 7,800 units

Ending inventories = 5,200 units

Fixed overhead per unit = $3

Net income under absorption costing:

= Net income under variable costing - [(Beginning inventories - Ending inventories) × Fixed overhead per unit]

= $772,200 - [(7,800 - 5,200) × $3]

= $772,200 - $7,800

= $764,400

7 0
3 years ago
Tammy just moved to an area that will soon get cold. She owns some sweaters, but she is not fond of them. She also does not own
Natalka [10]
Her needs must be met before her wants.
3 0
3 years ago
Nikki loves order and efficiency. She works to make sure that the supply chain is running properly and loves to
Naily [24]

Answer:

Distribution and Logistics

Explanation:

Logistics are the activities of a company related to distributions of its product. It encompasses all efforts of moving goods from the factory to the retailers for sale to the customers. Transport and warehousing are part of logistics.

The distribution and logistics department plans, organize, and manages the movement of products to their intended destination. Nikki is most likely to be in the distribution and logistics career path. She ensures that the supply chain is running efficiently and tracts the movement of products.

7 0
3 years ago
Read 2 more answers
In a group setting, "recording secretary," "moderator," "initiator," and "information seeker" are examples of
kogti [31]

In a group setting, "recording secretary (taking the notes)," "moderator” (the facilitator of discussion)," "initiator" (the one who generates new concepts and offers the new solution) and "information seeker" are examples of Task roles. The Task roles are the one that is directly related to the successful achievement of <span>the task and goals of the group.</span>

4 0
3 years ago
Read 2 more answers
Suppose nominal GDP increased in a given year. Based on this information, we know with certainty that:
Vinvika [58]

Answer:

D. either real output or the price level (GDP deflator) have increased.

Explanation:

GDP is the total value (price x quantity) of goods & services produced by an economy during an a time period.  

Real GDP is calculated on the basis of base year price index. Nominal GDP is calculated on the basis of current year price index.

So: Real GDP increases only due to rise in output quantity, not by price. Nominal GDP can increase due to rise in both output quantity or in price level (reflected in deflator).

This makes Real GDP  a better measure of Economic growth than Nominal GDP, since it captures effect of increased production only (& not price).

Deflator is a measure of average price level change =

<u>Nominal GDP</u>  X 100

 Real GDP

Deflator > 100 shows inflation in general price level, Deflator < 100 shows deflation in general price level.

7 0
3 years ago
Other questions:
  • When business writers request information or action that will likely be received positively, they should frontload their message
    14·1 answer
  • Curtis invests $250,000 in a city of Athens bond that pays 7 percent interest. Alternatively, Curtis could have invested the $25
    11·2 answers
  • Analyzing macroeconomic events with the IS curve (II):
    8·1 answer
  • Ann wants to be a manager who directs the work of others
    6·1 answer
  • Gomez Company purchases a piece of equipment on Jan. 2, 2014, for $30,000. The equipment has an estimated life of eight years or
    14·1 answer
  • You are bullish on telecom stock. the current market price is $110 per share, and you have $22,000 of your own to invest. you bo
    15·1 answer
  • g 7. Problems and Applications Q3 Gilberto loves watching Downton Abbey on his local public TV station, but he never sends any m
    13·1 answer
  • XYZ stock price and dividend history are as follows:
    8·1 answer
  • A cashier is what type of resource ?
    7·1 answer
  • In its income statement for the year ended December 31, 2022, Sunland Company reported the following condensed data.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!