Acceptance of a Contract Requires a Meeting of the __________

question 21

Multiple Choice

Acceptance of a contract requires a meeting of the __________.

• A) attorneys for the both parties to a contract
• B) minds
• C) defendants
• D) plaintiffs

Know methods for making the price of a product or service more acceptable in sales messages.

Apply the concept of the central selling point in persuasive messages.

Comprehend the structure and strategy behind claim and adjustment messages.

Be aware of strategies to prompt immediate action in sales messages.

---

Definitions:

Interest Expense

The cost incurred by an entity for borrowed funds, often expressed as a yearly rate.

Operating Cash Flow

The cash generated from the normal operations of a business, excluding costs associated with financing or investments.

Statement of Comprehensive Income

The comprehensive income statement is a financial document that encompasses all equity alterations within a period, excluding those caused by owner investments and distributions.

Cash Flow

The entire sum of cash and assets that are equivalent to cash being channeled into and out of a business venue.