In a Unilateral Contract, the Offer Is Accepted When The

question 39

Multiple Choice

In a unilateral contract, the offer is accepted when the:

• A) offeror verbalizes his assent.
• B) offeree attempts to perform the act.
• C) offeror puts across his promise in writing.
• D) offeree performs the requested act.

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Definitions:

Queue Discipline

The rules or policies used to manage the order in which tasks or customers are serviced in a queue or lineup.

Service Rate

The rate at which a service provider can complete service, often used in operation management to analyze performance and efficiency.

Service Time Probabilities

The likelihood of various durations that a service might take, often used in queueing theory to predict waiting times.

Service Level

The complement of the probability of a stockout.