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Offer versus serve refers to the option children in the United States may be given to refuse up to two items offered as part of a federally subsidized school lunch or breakfast without the meal service operation losing the federal reimbursement for the meal. It was enacted to reduce plate waste, which, some contended, was exacerbated by forcing ...
An option contract is a type of contract that protects an offeree from an offeror's ability to revoke their offer to engage in a contract. Under the common law, consideration for the option contract is required as it is still a form of contract, cf. Restatement (Second) of Contracts § 87(1).
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Inevitably, the struggling schools serve the poorest children and experience the greatest challenges. It will take more than pressure and tough talk to improve these schools. [32] Traditional public schools may not have the capacity to address all of the challenges and barriers that face children living in poverty or in low-income households.
Also, upon making an offer, an offeror may include the period in which the offer will be available. If the offeree fails to accept the offer within this specific period, then the offer will be deemed as terminated. An offer may also be revoked by operation of law, if an unreasonable amount of time has passed between offer and acceptance. [46]
The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
NASCAR president Steve Phelps looks at the final four contenders heading into Sunday’s Cup Series playoff finale in Glendale, Arizona, and nods his head with satisfaction.