The UCC rule says that a merchant who offers to buy, sell, or lease goods and gives a written and signed assurance on a separate form that the offer will be held open cannot revoke the offer for the time stated or if no time is stated, for a reasonable time is referred to as the <u>Firm Offer Rule.</u>
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<h3><u>A Firm Offer: What Is It?</u></h3>
When goods are sold, a firm offer is deemed to have been made when a guarantee to keep the offer open has been signed and the selling merchant meets the requirements for a merchant under the Uniform Commercial Code. Customers frequently ask for a definite offer so they can be certain of their cost over a predetermined period of time. A lot of retailers also request definite offers from their suppliers. Firm offers have a number of benefits, but there is a chance that things could change and the original offer would no longer be appropriate.
For instance, you might not be able to maintain the price you initially proposed due to rising raw material costs or running out of stock.
Only the time period specified in the offer is valid for firm offers. If the offer does not include a deadline, it will be valid for a maximum of three months.
Learn more about the firm offer rule with the help of the given link:
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<u>Answer:</u>
<em>True
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<u>Explanation:</u>
Macroeconomics is a part of financial aspects that reviews how a general economy—the market frameworks that work on a vast scale acts. Macroeconomics manages the exhibition, structure, and conduct of the whole economy, rather than microeconomics, which is progressively centered on the decisions made by singular entertainers in the marketplace.
Macroeconomists create models clarifying connections between these components. Such macroeconomic models and the gauges they produce are utilized by government elements to help in the development and assessment of financial, money related, and monetary approaches; by organizations to set methodology in household and worldwide markets.
Answer:
Their responsibilities are influenced by top managers; however, their responsibilities are ... In order to do this, they must implement subunit strategies for achieving those objectives. ... They are concerned with intermediate range plan ... Managers at this level train and supervise the performance of nonmanagerial employees
The answer would be D. a traffic ticket
Answer:
Kyoko
Explanation:
Based on the information provided it can be said that in this scenario the individual with the lowest opportunity cost of completing the task is Kyoko. This is because opportunity cost refers to what is being lost when choosing one opportunity or decision as opposed to another, and in this scenario since Kyoko is way faster at changing the brakes than Jacques then he will be losing less money by changing the brakes than Kyoko.
Kyoko: 160/2 = $80 opportunity cost for changing the brakes.
Jacques: 20*5 = $100 opportunity cost for changing the brakes.