State the requirements for a legal acceptance to be valid
What will be an ideal response?
Legal acceptance involves three requirements that must be met. For an acceptance to be valid:
a. An intent to accept must be shown by the offeree;
b. The intent must be communicated by proper means; and
c. The intent must satisfy, or "mirror," the terms of the offer.
You might also like to view...
Mason Painting Services has a weekly payroll of $24,000. December 31 falls on Wednesday and Mason will pay its employees the following Monday (January 5 ) for the previous full week
Assume that Mason has a five-day workweek and has an unadjusted balance in Salaries Expense of $770,000. What amount should be debited to Salaries Expense on December 31? A) $770,000 B) $9,600 C) $24,000 D) $14,400
Each activity contained a series of milestones that represented a previously agreed-upon amount of work
Once the low graffiti was erased, 35% of the activity had been completed and once the mid-level graffiti was erased, 70% of the activity had been completed. This project manager was clearly in the: A) Percentage complete camp. B) Micromanagement camp. C) 35/70 camp. D) 3K specifications camp.