Flem,a User of GameCenter

question 3

Multiple Choice

Flem,a user of GameCenter.com's Web site,can download gaming software for free if he first clicks on "I accept" after viewing certain terms.This is

• A)a contract that does not include the terms.
• B)a contract that includes the terms.
• C)not a contract but the terms are enforceable.
• D)unenforceable.

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Definitions:

Collection Period

The average number of days it takes a company to collect payments owed by its customers for sales made on credit.

Credit Sales

Transactions where goods or services are provided to a customer with the agreement that payment will be made at a future date.

Non-Growth Firm

A business that does not expect to increase its revenue or expand its market share significantly over time.

Cash Positions

The amount of cash or cash-equivalents that a company or individual has available at any given time.