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Fofino [41]
3 years ago
5

Suppose at the end of the meeting that Jack agrees to offer the restaurant buyout, including the non-competition agreement. Prio

r to Jack and Sophia agreeing to the offer, however, Jack changes his mind. Can he do so?
A. No, once an offer is made, it can never be revoked.
B. No, unless the offer states that it is revocable.
C. Yes, and there is no need to actually communicate the revocation to Hal and Sophia (or their agent) prior to acceptance.
D. Yes, as long as he actually communicates the revocation to Hal and Sophia (or their agent) prior to acceptance.
Business
1 answer:
loris [4]3 years ago
3 0

Answer:

D) Yes, as long as he actually communicates the revocation to Hal and Sophia (or their agent) prior to acceptance.

Explanation:

In contract law, an offer can always be taken back as long as the other party hasn't accepted it yet. In this case, Jack agreed to make an offer about the restaurant and he even included certain details that apparently were important (non-competition agreement), but since Hal and Sophia haven't accepted it yet, Jack can take it back without fear of any claim being made against him. All he has to do is communicate his decision of taking back his offer to either Hal or Sophia, or their agent (if there is one).

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Answer:

decrease

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5 0
4 years ago
Why must the eliminating entries be entered in the consolidation worksheet each time consolidated statements are prepared?
DedPeter [7]

Answer:

The reason to prepare the consolidation worksheet is to maintain the record of what is finally entered in the books to record the transactions in between the holding and subsidiary.

This basically thus, requires the elimination of all the assets and liabilities of the subsidiary, and creation of such assets and liabilities into the balances of the holding(parent) company. In this manner the elimination is necessary to record.

So that there is no error in the form of multiple record of assets and liabilities, or in the form of no record of assets and liabilities of the subsidiary.

8 0
4 years ago
Dave harris has just purchased a bond with a face value of $1,000 that pays 6 percent. the purchase price of the bond was $900,
Vilka [71]
The yield of maturity for this bond is "8.4 percent".
We can calculate this in the following way;
<span>Yield to maturity = YTM = {($1,000 x .06) + [($1,000 - 900)/5]}/[($900 + $1,000)/2]
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8 0
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Which of the following is NOT a valid method of modifying cash flows to produce a​ MIRR? A. Turn multiple negative cash flows in
faltersainse [42]

Answer: the correct answer is A. Turn multiple negative cash flows into a single negative cash flow by summing all negative cash flows over the​ project's lifetime.

Explanation: MIRR stands for Modified Internal rate of return. If you add up all negative cash flows in just one  you are not taking into account a very important variable which is "time". It is not the same if you have a negative cash flow in 2 years than in 5 years.

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Which of the following statements regarding quality-control inspections is true? a.Inspection requires product tear down. b.Insp
Nimfa-mama [501]

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Explanation: The aim of quality-control inspections is to ascertain whether a product has been made according to specifications, and whether there are any defects in the products.

Therefore quality-control inspections will involve product tear down, in order to check the component parts of a product for quality assurance, and product reassembly is carried out after the product tear down to reassemble the products if it is discovered that it meets quality standard.

4 0
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