Answer: The offer is terminated along with the seller's right to accept it.
Explanation: One of the ways in which three right of acceptance could be terminated is 'Rejection by the offeree or buyer'. The offer had a lapse or expiration time of 48 hours which means the offer is open for 48 hours to the offeree to accept, after which the offeree's right to accept is terminated.
However, the offeree or buyer also has the right to accept or reject within the 48 hours expiration period.
In this scenario, the buyer informs the seller of his withdrawal from the offer, The offer will be extinguished and the seller will have the right to accept the offeree's withdrawal.
Answer:
Decision making is an integral part of every person’s day. There is no way to avoid this, as even the act of deciding not to make a decision is, in fact, a decision in and of itself. Life also presents us with many opportunities to solve problems. By understanding the cognitive processes involved in decision making and problem solving, we can analyze our own actions and the actions of others.
This analysis can improve the results of our problem solving and decision making, both personally and professionally. Representativeness heuristics defines several fallacies and cognitive biases, but it can also give us the ability to make decisions quickly when the situation calls for fast action.
Answer:
James Oglethorpe
As visionary, social reformer, and military leader, James Oglethorpe conceived of and implemented his plan to establish the colony of Georgia. It was through his initiatives in England in 1732 that the British government authorized the establishment of its first new colony in North America in more than five decades.
Answer:
I agree.
Explanation:
It is one of the best known concepts of classical economics: countries should specialize in producing products where they can enjoy a comparative advantage. This means that if a country can produce something with better conditions than the ones enjoyed by another country, then it should do. Though tecnological advances have allowed for agriculture´s and industry´s adaptation to hostile environments, comparative advantage is a criterion used to determine whether to engage in an economic activity.
