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Using the following information, compute the standard unit cost of a 20 pound bag of dog food:
Acceptance
In contract law, the agreement by a party to the terms of an offer, forming a contract.
Capacity
In legal terms, the ability to understand the nature and effects of one's actions, specifically in forming contracts or executing wills.
Assignable
Refers to the capability of transferring rights or interests in a contract or financial instrument to another party.
Revoked
The act of officially canceling or rescinding a legal right, license, permission, or privilege.
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