Merits and Drawbacks of acceptance rule
Write down the merits and drawbacks of acceptance rule ?
Expert
The merits and demerits of acceptance rule are illustrated below:- Till the offer is admitted the offer can't be said as complete so it gives a security that brings the attention of the contract in existence at the moment of admittance. Advantage of it is that when the offer of admittance is being made and the receiving party sends the authentication to the party that sent the offer than the offer will be considered as compelling. The disadvantage of it is that the offer can be ended or discarded on the part of the person who is offering the offer. So it is entirely dependent on the offerer rather than the the person who is engaged in it. An additional disadvantage of this is that if the offeree discards the offer then offerer can't be admitted at prospect time.
Give a brief introduction of the term EOQ?
Describe briefly the term Adjustment entries?
Give brief information about the term ‘Margin of Safety’?
Elucidate the value of stock trading? Also compare the trading volume to the bulge bracket firms?
Give a brief introduction of the term Deep discount bonds?
Describe distinguish between the term Financial Accounting and Management Accounting?
Give a short introduction of the term “Marginal Costing”? And also write down its attributes and the basic suppositions made by Marginal Costing?
What are the roles of collections?
Write down the benefits of Derivatives?
Why it is significant for managers to have cost information.
18,76,764
1933736 Asked
3,689
Active Tutors
1453844
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!