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The Offer Can Stipulate That Acceptance Must Be by a Specified

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The offer can stipulate that acceptance must be by a specified means of communication.Such stipulation is called implied authorization.


Definitions:

Time Value

The idea that having money now is more valuable than having the same sum later because of the possible earnings it can generate over time.

Economic Value

The worth of a good or service determined by its utility and the market demand, influencing its price.

Signing Bonus

A financial incentive given to a new employee as an inducement to join the company.

Equivalent Value

The same worth or monetary value as something else.

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