External proposals are written to sell a new service or product to an audience outside your company

The net asset value of a mutual fund is determined four times each business day.

a. true b. false

A transaction collapses after the buyer makes an offer and the seller accepts the offer. Which of the following forms would be appropriate to use to ensure that the parties legal duties to each other have terminated?

A. Contract Amendment B. Contract rescission C. Counteroffer D. Contingency