A contractor response to __________ does not form a binding offer the government can accept. (a)...
A contractor response to __________ does not form a binding
offer the government can accept.
(a) Request for proposal
(b) Request for quotation
(c) Request for commercial price list
(d) Request for offers
(e) Award/contract
Homework Answers
(c) Request for commercial price list
The response to a request for commercial price list does not qualify for a binding offer that the government can accept.
Add Answer to:
A contractor response to __________ does not form a binding
offer the government can accept.
(a)...
Which of the following is not required for a contract to be legally binding? a) the...
Which of the following is not required for a contract to be legally binding? a) the contract must be voluntary b)signing of the contract must be notarized by a notary public or a lawyer c) the terms of the contract must be legal d) the contract offer must have acceptance e) some form of payment must be involved
If the buyer has a clear and unambiguous description or specification, and wants to find out which supplier can deliver...
If the buyer has a clear and unambiguous description or specification, and wants to find out which supplier can deliver the best value when and where needed, he or she will typically issue a: Select one: O a. request for bid (RFB). O b. request for information (RFI). O c. request for proposal (RFP). O d. request for price (RFP). e. request for quotation (RFQ).
A legally binding contract that can be terminated at the option of one of the parties...
A legally binding contract that can be terminated at the option of one of the parties is called: a. an executed contract b. a formal contract with an escape clause c. a voidable contract d. a void contract e. a parol evidence contract
1. Sally and Maria form a LLC. Sally runs a red light causing an accident. The...
1. Sally and Maria form a LLC. Sally runs a red light causing an accident. The person injured can a. not sue Sally to reach her personal assets. b. not sue the business, as it is a LLC. c. sue Sally to reach her personal assets and the business, but not Maria. d. sue Sally and Maria to reach their personal assets. 2. Normally, afteran offer has been accepted, but before the contract has been executed, the offeror is free...
Required: b. On March 1, the federal government offers Davis a contract to supply 1,000 units...
Required:
b. On March 1, the federal government offers
Davis a contract to supply 1,000 units to military bases for a
March 31 delivery. Because of an unusually large number of rush
orders from its regular customers, Davis plans to produce 8,000
units during March, which will use all available capacity. If it
accepts the government order, it would lose 1,000 units normally
sold to regular customers to a competitor. The government contract
would reimburse its "share of March manufacturing...
Davis Kitchen Supply produces stoves for commercial kitchens. The costs to manufacture and market the stoves...
Davis Kitchen Supply produces stoves for commercial kitchens. The costs to manufacture and market the stoves at the company's normal volume of 6,000 units per month are shown in the following table. Unit manufacturing costs Variable materials $ 52 Variable labor 77 Variable overhead 27 Fixed overhead 62 Total unit manufacturing costs $ 218 Unit marketing costs Variable 27 Fixed 72 Total unit marketing costs 99 Total unit costs $ 317 Unless otherwise stated, assume that no connection exists between...
The subject is Commercial Law. Don't care about my answer. The answers my marked is not...
The subject is Commercial Law.
Don't care about my answer. The answers my marked is not sure,
so just show your answers.
Sam, a sophisticated property developer, befriends ninety-year-old Fred, who owns a large farm property on the edge of a rapidly expanding metropolis. Sam convinces Fred that Fred would be happier in the Shady Acres Retirement Village and offers to pay Fred $1000 per acre for his farmland. Shortly after Sam buys the property and Fred moves into Shady...
Davis Kitchen Supply produces stoves for commercial kitchens. The costs to manufacture and market the stoves...
Davis Kitchen Supply produces stoves for commercial kitchens. The costs to manufacture and market the stoves at the company's normal volume of 6,000 units per month are shown in the following table. $ 44 69 19 54 Unit manufacturing costs Variable materials Variable labor Variable overhead Fixed overhead Total unit manufacturing costs Unit marketing costs Variable Fixed Total unit marketing costs Total unit costs $ 186 19 64 83 $ 269 Unless otherwise stated, assume that no connection exists between...
Davis Kitchen Supply produces stoves for commercial kitchens. The costs to manufacture and market the stoves...
Davis Kitchen Supply produces stoves for commercial kitchens.
The costs to manufacture and market the stoves at the company's
normal volume of 6,000 units per month are shown in the following
table.
Unless otherwise stated, assume that no connection exists
between the situation described in each question; each is
independent. Unless otherwise stated, assume a regular selling
price of $376 per unit. Ignore income taxes and other costs that
are not mentioned in the table or in the question itself....
A unilateral contract is formed when the offeror makes an offer to pay money for some service by the offeree the of...
A unilateral contract is formed when the offeror makes an offer to pay money for some service by the offeree the offeree performs an act requested by the offeror. the offeror solicits a promise of performance from the offeree the offeree promises to perform an act requested by the offror. b. A contract that is formed by the acts and conduct of the parties is called_ contract a. an implied-in-law b. an implied-in-fact express d. implicit C. Rocky was hired...
If the buyer has a clear and unambiguous description or specification, and wants to find out which supplier can deliver the best value when and where needed, he or she will typically issue a: Select one: O a. request for bid (RFB). O b. request for information (RFI). O c. request for proposal (RFP). O d. request for price (RFP). e. request for quotation (RFQ).
Required:
b. On March 1, the federal government offers
Davis a contract to supply 1,000 units to military bases for a
March 31 delivery. Because of an unusually large number of rush
orders from its regular customers, Davis plans to produce 8,000
units during March, which will use all available capacity. If it
accepts the government order, it would lose 1,000 units normally
sold to regular customers to a competitor. The government contract
would reimburse its "share of March manufacturing...
The subject is Commercial Law.
Don't care about my answer. The answers my marked is not sure,
so just show your answers.
Sam, a sophisticated property developer, befriends ninety-year-old Fred, who owns a large farm property on the edge of a rapidly expanding metropolis. Sam convinces Fred that Fred would be happier in the Shady Acres Retirement Village and offers to pay Fred $1000 per acre for his farmland. Shortly after Sam buys the property and Fred moves into Shady...
Davis Kitchen Supply produces stoves for commercial kitchens. The costs to manufacture and market the stoves at the company's normal volume of 6,000 units per month are shown in the following table. $ 44 69 19 54 Unit manufacturing costs Variable materials Variable labor Variable overhead Fixed overhead Total unit manufacturing costs Unit marketing costs Variable Fixed Total unit marketing costs Total unit costs $ 186 19 64 83 $ 269 Unless otherwise stated, assume that no connection exists between...
Davis Kitchen Supply produces stoves for commercial kitchens.
The costs to manufacture and market the stoves at the company's
normal volume of 6,000 units per month are shown in the following
table.
Unless otherwise stated, assume that no connection exists
between the situation described in each question; each is
independent. Unless otherwise stated, assume a regular selling
price of $376 per unit. Ignore income taxes and other costs that
are not mentioned in the table or in the question itself....
A unilateral contract is formed when the offeror makes an offer to pay money for some service by the offeree the offeree performs an act requested by the offeror. the offeror solicits a promise of performance from the offeree the offeree promises to perform an act requested by the offror. b. A contract that is formed by the acts and conduct of the parties is called_ contract a. an implied-in-law b. an implied-in-fact express d. implicit C. Rocky was hired...
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