According to the Mirror Image Rule,which of the Following Is

question 71

Multiple Choice

According to the mirror image rule,which of the following is true of additional terms being added in an acceptance?

• A)They are considered to be counteroffers.
• B)They can be added when the sale is between a merchant and a non-merchant.
• C)They can be added to the contract without the consent of the offeror.
• D)They are considered to constitute acceptance.

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Definitions:

Sensitivity Analysis

An approach to assess how different values of an independent variable affect a particular dependent variable under a given set of assumptions.

Financial Break-Even

The point where total revenues equal total costs, leading to neither a profit nor a loss.

Accounting Break-Even

The point at which total costs and total revenue are equal, resulting in neither profit nor loss.

Contingency Planning

The process of preparing for possible future situations or changes in operation, especially emergencies or unfavorable circumstances.