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Step2247 [10]
3 years ago
5

On Friday, Billy mails Andrew an offer, which Andrew receives on Monday. On Tuesday, Billy mails Andrew a revocation, which Andr

ew does not receive until Thursday. Andrew takes no action when he receives the revocation. Meanwhile Andrew mailed Billy an acceptance on Wednesday that Billy receives on Friday. Is a contract formed, and if so, on what day?
Business
1 answer:
Gekata [30.6K]3 years ago
8 0

Answer:

When Andrew sent his acceptance on Wednesday a contract was formed.

Explanation:

Andrew had recieved the offer on Monday and accepted on Wednesday, although Billy sent a revocation on Tuesday.

The onus for Andrew to receive the revocation on time is on Billy, a faster means should have been taken to notify Andrew of the revocation.

So the contract was formed on Wednesday when Andrew accepted the offer.

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the weighted moving average forecasting model uses a weighting scheme to modify the effects of individual data points. this is i
solniwko [45]

The weighted transferring common forecasting version makes use of a weighting scheme to alter the results of person facts points. that is its primary gain over the easy transferring common version. the weighted transferring common forecasting version makes use of a weighting scheme to alter the results of person facts points. that is its primary gain over the easy transferring common version is true.

Forecasts produced the usage of exponential smoothing strategies are weighted averages of past observations, with the weights decaying exponentially due to the fact the observations get older. In one-of-a-kind words, the more ultra-modern the declaration the higher the associated weight.

Quantitative forecasts lease one or more mathematical models that rely upon historical information and/or casual variables to forecast demand.  Qualitative forecasts include such factors due to the fact the choice maker's intuition, emotions, private experiences, and rate system.

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7 0
11 months ago
Match the accounting terminology to the definitions (Click the icon to view the definitions.)
Volgvan

Answer:

a. Accounting.

b. Certified public accountants.

c. Creditor.

d. Managerial accounting.

e. Certified management accountants.

f. Financial accounting.

Explanation:

1. <u>Accounting</u>: information system that measures business activities, processes that information into reports, and communicates the results to decision makers.

2. <u>Certified public accountants</u>: professional accountants who serve the general public.

3. <u>Creditor</u>: person or business to whom a business owes money.

4. <u>Managerial accounting</u>: field of accounting that focuses on providing information for internal decision makers.

5. <u>Certified management accountants</u>: professionals who work for a single company.

6. <u>Financial accounting</u>: field of accounting that focuses on providing information for external decision makers.

7 0
3 years ago
"Today, the term dry run is often used to refer to a rehearsal of some sort. This meaning originated in the field of firefightin
aleksklad [387]

Answer:

definition by etymology

Explanation:

<em>Etymology</em> is called the study of the origin of individual words, their chronology, their integration into a language, as well as the source and details of their changes in form and meaning.

In languages ​​with a long written history, etymology is a discipline related to philology and historical linguistics, which includes the study of the origin of words by investigating their original meaning, their structure, as well as their diachronic evolution, that is, possible changes that have occurred over time.

Also, to obtain some direct source, for example writing, by means of comparative linguistic methods, data related to extremely old languages ​​can be reconstructed. Thus, through analysis of other related languages, linguists can make inferences about the language from which they originate and their vocabulary.

6 0
2 years ago
If a consumer experiences a loss, he or she can file a<br> ___with an insurance company
sukhopar [10]

If a consumer experiences a loss, he or she can file a payout with an insurance company.

<u>Explanation:</u>

In addition to fully alternate the loss of a consumer, the insurance companies save them from traumatic fall by payouts. This is provided by the policyholder, once the consumer claims for it under valid reasons and proof.

If a consumer experiences a loss, he or she can file a payout with an insurance company.

This payouts is claimed when the consumer wishes to refund or repair their property and in the case of life loss, the consumers have to show the certificate of the deceased person to claim the payout.

8 0
3 years ago
Read 2 more answers
Airbus pioneered the development of the new superjumbo jet A380 at a cost of $15 billion. It quickly obtained contracts that are
SCORPION-xisa [38]

Answer:

Airbus benefits from first-mover advantage.

Explanation:

First-mover advantage is the advantage of a pioneer firm gains by purchasing resources early or building technological leadership. The firm is then rewarded with monopoly-like status or very large profit margins.

In this case Aribus is the technological leader for developoing the superjumbo jet first. And it is rewarded with monopoly status because Boeing has been effectively shut out.

5 0
3 years ago
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