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Which of the following is an example of an irrevocable offer?
Command Economies
Economic systems where the government or central authority makes all decisions regarding the production and distribution of goods and services.
Corporation
A legal entity that is separate and distinct from its owners, which can own assets, incur liabilities, and sell securities, among other activities.
Independent Legal Entity
An organization that has legal rights and obligations independent of its members, such as the ability to enter contracts, sue, and be sued.
Government Bailouts
Financial support provided by a government to a failing business or sector to prevent its collapse and mitigate broader economic fallout.
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