In Which of the Following Ways May an Offeree Accept

question 22

Multiple Choice

In which of the following ways may an offeree accept a unilateral contract?

• A) By making a counteroffer or by a signed writing.
• B) By signed writing only.
• C) By either verbal acceptance or a signed writing.
• D) By performance only.
• E) By performance, by a verbal acceptance, or by a signed writing.

Understand the overjustification effect, its implications on motivation and behavior, and ways to mitigate it.

Analyze the effects of cognitive errors and biases on self-perception and behavior in social contexts.

Define belief perseverance and its impact on attitude and belief systems.

Examine the influence of cultural perspectives on attributional processes.

---

Definitions:

Cash Payback Period

The duration it takes for an investment to generate an amount of cash equal to the initial investment cost.

Salvage Value

The estimated residual value of an asset at the end of its useful life, representing what it could be sold for or its scrap value.

Straight-Line

A depreciation method that equally spreads the cost of an asset over its useful life.

Annual Rate of Return

The yearly profit from an investment, expressed as a percentage of the original investment.