What Was Significant About the Case of R

question 102

Multiple Choice

What was significant about the case of R. v. Commercial Credit Corp.?

• A) It abolished the postbox rule in Canada.
• B) It determined that the postbox rule should be extended to letters of revocation as well as letters of acceptance.
• C) It confirmed that acceptance by post is always appropriate.
• D) It determined that consideration is unnecessary in cases where consensus has been achieved in writing.
• E) It is one of the few cases where the postbox rule has been extended beyond communication by mail or telegram.

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Definitions:

Dependent Variable

A variable that responds to some causal factor; total cost is the dependent variable, as represented by the letter Y, in the equation Y = a + bX.

Independent Variable

A variable in an experiment that is manipulated to observe its effect on the dependent variable.

Variable Manufacturing Cost

Direct costs associated with manufacturing, changing with the level of output, including direct materials, direct labor, and variable manufacturing overhead.

Production Volume

The total quantity of goods produced within a specific period by a manufacturing entity.