Fresh dairy, inc., is the offeror and gelato ice cream company is the offeree under a unilateral sales contract in which hector’s helado corporation is also interested. gelato is not notified of fresh dairy’s performance within a reason-able time. gelato
a. may treat the offer as having lapsed.
b. must assume that fresh dairy has started to perform.
c. must contact fresh dairy.
d. must notify hector’s.

a. may treat the offer as having lapsed.

Explanation:

According to my research on different types of business contracts, I can say that based on the information provided within the question Gelato may treat the offer as having lapsed. This is because Gelato was not notified by Fresh Dairy about their performance and they were supposed to, this being the case Gelato can assume the offer no longer stands and pursue the offer from Hector's Helado Corporation instead.

I hope this answered your question. If you have any more questions feel free to ask away at .

a. may treat the offer as having lapsed.

Gelato can make the offer expire because of Fresh Dairy, Inc. does not provide information regarding Fresh Dairy's performance and unhealthy time provisions. Therefore Gelato can work together and take offers from Hector's Helado Corporation.

The cooperative relationship between business actors or companies with banks is usually in the case of capital. Where the bank can be a creditor providing funds needed by business actors (debtors) in the context of developing an ongoing business. But to be able to establish cooperation with banks, in this case, so that banks can provide capital loans to business actors, there are several mandatory requirements that must be met by business actors.

To get a capital loan from a bank, the initial step of the business actor must apply for a loan from the bank by filling out the credit application form and completing all the requirements requested by the bank.

Determine Credit Objectives

Before applying for a loan, you as a prospective debtor are required to inform in detail the objectives or plans for the use of business credit, how much the nominal credit will be submitted, the period of installments and the source of funds for returning the business credit.

Meet all the requirements requested by the bank

Each bank usually requests documents and applies different requirements.

Transparent Business Financial Statements

After the identity documents and other documents are checked, the most vital thing is your business's financial report. If you provide your business financial statements clearly and transparently and attachments to bank account entries as a reference for reconciliation and auditing of financial statements, then it is very likely that the bank will approve your credit application.

Learn More

Company cooperation

Bank credit for businesses

Details

Grade: High School

Subject: Business

Keywords: cooperation, credit, capital