Which of the Following Is True About Offers

question 29

Multiple Choice

Which of the following is true about offers?

• A) Where the parties are separated by distance, an offeree may accept only in the way specified by the offeror.
• B) An invitation is an offer.
• C) An offer cannot lapse.
• D) An offer is not rejected when the offeree makes a counter- offer.
• E) An offer cannot be revoked once it is made.

Understand the various roles and responsibilities of labor unions and the human resource department.

Recognize the components and significance of collective bargaining agreements.

Comprehend the differences in benefits and working conditions between unionized and nonunionized employees.

Recognize the impact of external environments on unions as open social systems.

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Definitions:

Effective Annual Yield

Effective annual yield is the return on an investment expressed as an annualized rate, accounting for compounding over a period, providing a more accurate measure of profitability.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, incorporating both interest payments and the capital gain or loss due to the difference between the purchase price and the maturity value.

Semi-annually

Semi-annually refers to an event or action that occurs twice a year, typically every six months.