Which of the Following Contradicts the Mirror Image Rule

question 13

Multiple Choice

Which of the following contradicts the mirror image rule?

• A) silence as acceptance
• B) option contract
• C) counteroffer
• D) acceptance-upon-dispatch

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Definitions:

Direct Financing Lease

A type of lease arrangement where the lessor purchases an asset for the lessee and rents it out, effectively acting as a financing tool.

Operating Lease

A lease agreement that allows for the use of an asset but does not convey rights of ownership of the asset.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its expected useful life in equal annual amounts.

Operating Lease

A leasing agreement for short-term use of an asset, where the lessor retains risks and benefits of ownership.