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
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.

You might be interested in
Which of the following statements is true of the behavior of total variable​ costs, within the relevant​ range? A. They will inc
grandymaker [24]

Answer:

They will decrease as production decreases

Explanation:

Total Variable cost is sum of all the cost incurred in production of total units of goods produced. It is directly proportional to the number of units of goods produced. It helps to analyze cost structure of goods and then decide on pricing strategy of the goods. Some of the examples of variable cost can be packaging cost, raw material’s cost.

Mathematically it can be defined as  

Total variable cost = Total units of goods produced *  variable cost for one unit of good produced  

Hence from the given option  They will decrease as production decreases as the number of units of goods produced will decrease and hence lesser raw material and packaging will be required to produce the goods.

7 0
3 years ago
Which of the following is considered an advantage of home ownership?
Elena L [17]
D. Interest paid on the mortgage of your home is tax deductible
4 0
3 years ago
Read 2 more answers
Let's say that you choose to buy bread in a grocery store. According to the marginal benefit and marginal cost principle, how ma
snow_lady [41]
Six is your answer because if it cost $2.00 and you have 4 it makes sense
8 0
3 years ago
Examples of credit risk.​
Dmitrij [34]

Answer:Some examples are poor or falling cash flow from operations (which is often needed to make the interest and principal payments), rising interest rates (if the bonds are floating-rate notes, rising interest rates increase the required interest payments), or changes in the nature of the marketplace that adversely affect

Explanation:

4 0
3 years ago
The section of the business plan in which the entrepreneur identifies changes occurring on the national and international level
antiseptic1488 [7]

The section of the business plan in which the entrepreneur identifies changes occurring on the national and international level is the Environmental and industry analysis.

<h3>What is a business plan?</h3>

A business plan is a formal written document that outlines the objectives of the company, how those objectives will be attained, and when they will be accomplished. The nature of the company, background information on the organization, financial estimates for the organization, and the techniques the organization plans to use to meet the stated goals are also covered. This document functions as a road map (a plan) that gives the company direction when taken as a whole.

Written business plans are frequently necessary in order to apply for a bank loan or another type of financing. Using templates and guidance, like those offered by the Small Business Administration in the United States, can make it easier to create a business plan.

To know more about a business plan visit:- brainly.com/question/15826604

#SPJ4

6 0
1 year ago
Other questions:
  • Portman Industries just paid a dividend of $2.40 per share. The company expects the coming year to be very profitable, and its d
    10·1 answer
  • Players will be issued what color cards for fouls, depending on the seriousness of the penalty.
    10·1 answer
  • Andy deposited $3,000 this morning into an account that pays 5 percent interest, compounded annually. Barb also deposited $3,000
    9·1 answer
  • Stuck on this one is financial literacy please help
    7·1 answer
  • Buyers of a good bear the larger share of the tax burden when the (i) supply is more elastic than the demand for the product. (i
    9·1 answer
  • What are examples of career fields Skills USA prepares students for? Check all that apply.
    9·1 answer
  • Juan has an essay due in English en Wednesday and a page of math homework due on Friday how should Juan approach this work
    6·2 answers
  • What are examples of financial obstacles to a career plan? Check all that apply. I was unable to save enough money to pay for co
    7·2 answers
  • What legal document transfers the title of real property from one party to another?
    8·1 answer
  • Amount Number of units sold 11,000 Selling price per unit $ 16 Variable selling expense per unit $ 1 Variable administrative exp
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!