Which of the Following Is True in a Unilateral Contract

question 34

Multiple Choice

Which of the following is true in a unilateral contract?

• A) The offeror requests an act as acceptance of his offer.
• B) The offeror cannot revoke the offer once the offeree has begun performance or has substantially completed performance.
• C) The offeror will treat either a promise to perform or the actual performance of the act as acceptance of his offer.
• D) A and B only are true.
• E) B and C only are true.

Calculate total department costs after service department costs allocations using step-down method.

Calculate total department costs after service department costs allocations using the direct method.

Apply cost allocation principles based on different allocation bases such as square footage, employee numbers, personnel costs, and labor hours.

Evaluate the impact of cost allocation decisions on departmental budgets.

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Definitions:

Retail Advertising

Marketing efforts aimed at generating interest and sales among end consumers directly through various media channels.

Intensive Promotion

An aggressive marketing strategy that employs a wide range of advertising and promotional techniques to maximize consumer engagement and drive sales.

Cash Discount

A reduction in price offered to buyers as an incentive for making payment in cash or within a specified prompt payment period.

Net 30

A payment term indicating that the full payment is due 30 days from the invoice date.