In Which of the Following Circumstances Is It Likely That

question 1

Multiple Choice

In which of the following circumstances is it likely that A will be found to have assented to B's written terms?

• A) A buys a bus season ticket from B. On the back of the receipt, a term purports to exclude all of B's contractual liability.
• B) A buys a bus season ticket from B. On the back of the ticket, a term purports to exclude all of B's contractual liability.
• C) A buys a bus season ticket from B on credit. On the back of the ticket, a term states that A will owe an additional £10 each week the season ticket is not paid for.
• D) In all three options, B's written terms will be incorporated into the contract.

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Definitions:

Completion Ratios

The percentage of tasks or projects completed out of the total planned, often used as a performance indicator in project management.

Conversion Costs

Costs associated with converting raw materials into finished goods, including labor and manufacturing overhead.

Direct Materials

The raw materials directly used in the manufacturing of a product, clearly identifiable and assignable to that product.

Indirect Labor

Labor costs associated with supporting the production process but not directly working on the product, such as maintenance or supervision.