Gary mails an offer to Brian on June 15. Brian receives the offer on June 16. Gary mails a revocation of the offer on June 17. Brian mails a letter of acceptance on June 18 and Gary receives the acceptance on June 20. Brian receives the revocation on June 19. Was a contract formed?
A) Yes, on June 16
B) Yes, on June 18
C) Yes, on June 20
D) No, the offer was revoked before acceptance
B
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Before giving a listing to a broker, the owner informed the broker that the roof was in bad shape. The broker later showed the house and assured the buyer that the house was in excellent condition, without any known problems. After the first rain, the house suffered heavy water damage due to a leaky roof, The buyer is angry and will probably sue the:
a. broker and the seller b. broker c. broker, seller, and escrow company d. title insurance company
Which of the following is NOT one of the four planning activities undertaken by all corporate headquarters?
A) defining the corporate mission B) establishing strategic business units C) assigning resources to each SBU D) assessing growth opportunities E) deciding sales channels