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nadezda [96]
2 years ago
12

Katherine mailed Paul an offer with definite and certain terms and that was legal in all respects stating that it was good for10

days. Two days later she sent Paul a letter by certified mail (time stamped by the Postal Service at 1:14 PM.) stating thatthe original offer was revoked. That evening Paul e-mailed acceptance of the offer to Katherine. She immediately phonedhim to tell him that she had revoked the offer that afternoon, and he would surely receive it in tomorrow’s mail. Was theoffer revoked by Katherine?
Business
1 answer:
jok3333 [9.3K]2 years ago
5 0

Answer:

The correct answer is : Yes, the offer was revoked by Katherine.

Explanation:

Even if Paul replied Katherine with the acceptance to the first offer, he used a different means of communication to do that -<em>e-mail v. mail</em>. In addition, Katherine sent the revoke by mail -<em>as in the initial offer</em>- before Paul sent his e-mail. So, there is enough proof on Katherine's end that she didn't want to proceed with the offer before Paul confirmed his agreement on the terms. In that sense, Katherine did revoke the initial order.

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Sales returns and allowances are reported on the ______.
labwork [276]

Sales returns and allowances are reported on the <u>Income Statement</u>.

<h3>What is the income statement?</h3>

The income statement is a financial statement wherein the sales revenue and cost of goods sold and operating expenses are summarized in order to obtain the net income.

When reporting the sales returns and allowances on the income statement, they are subtracted from the gross sales to arrive at the net sales.

Thus, sales returns and allowances are reported on the <u>Income Statement</u>.

Learn more about the income statement at brainly.com/question/24498019

5 0
2 years ago
If the rate of inflation in Japan dramatically increases while the rate of inflation in the United States remains constant, then
sveticcg [70]

Answer:

a

Explanation:

Inflation is a persistent rise in the general price levels

Types of inflation

1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise

2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect  

When inflation increases , the value of currency falls

As a result of the inflation, the value of japans currency would fall.

As a result, it would become more expensive to purchase dollars by those in japan. Thus the demand for dollar would reduce and it would shift to the left

3 0
3 years ago
Which of the following statement is false?
lara31 [8.8K]

Answer:

C) Coupon bonds always trade for a discount.

Explanation:

"A coupon bond, also referred to as a bearer bond or bond coupon, is a debt obligation with coupons attached that represent semiannual interest payments. With coupon bonds, there are no records of the purchaser kept by the issuer; the purchaser's name is also not printed on any kind of certificate. Bondholders receive these coupons during the period between the issuance of the bond and the maturity of the bond." Trade them for a discount is not a common characteristic of coupon bonds.

Reference: Chen, James. “Coupon Bond.” Investopedia, Investopedia, 18 Sept. 2019

5 0
3 years ago
Read 2 more answers
Which of the following of Wegman's motivating factors is an intrinsic motivator?
Delvig [45]

The answer choice which shows the Wegman's motivating factor which is an intrinsic motivator is:

  • a. A sense of pride from meeting customer needs

<h3>What is a motivating factor? </h3>

This refers to the things which makes a person behave in a certain way with the aim of getting a reward.

<h3>What is Intrinsic Motivation? </h3>

This refers to the pleasures gotten from performing a task or doing a certain action which is for fun, rather for external motivation like money or other rewards.

Therefore, we can see that from Wegman's policy, he was able to get intrinsic motivation from meeting the customer's needs which gave him a sense of pride.

Read more about motivation here:

brainly.com/question/6853726

7 0
2 years ago
12.The competitive strategy of a firm pursuing a "think global, act local" approach to strategy-making A. entails little or no s
Vladimir [108]

Answer:

D. is essentially the same in all country markets where it competes but it may nonetheless give local managers room to make minor variations where necessary to better satisfy local buyers and to better match local market conditions.

Explanation:

A think global act local is a strategic business approach or concept which is aimed at achieving a low cost, effective cost, efficiency and focused strategy theme in all the locations where the firm has its operations but nonetheless avails local managers the opportunity and ability to adjust product

specifications, distribution and marketing channels to better satisfy local consumers, as well as effectively and efficiently match local market conditions.

Hence, the competitive strategy of a firm pursuing a "think global, act local" approach to strategy-making is essentially the same in all country markets where it competes but it may nonetheless give local managers room to make minor variations where necessary to better satisfy local buyers and to better match local market conditions.

8 0
2 years ago
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