What are the different terms used in electronic contracting?

What will be an ideal response?


Electronic means relating to technology having electrical, digital, magnetic, wireless, optical, electromagnetic, or similar capabilities. Electronic agent means a computer program or an electronic or other automated means used independently to initiate an action or respond to electronic records or performances in whole or in part, without review or action by an individual. Electronic record means a record created, generated, sent, communicated, received, or stored by electronic means. Record means information that is inscribed on a tangible medium or that is stored in an electronic or other medium and is retrievable in perceivable form.

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Which of the following is not a characteristic of a successful incentive pay plan?   

A. Clear goals B. Regular communication with employees about the incentive plan C. Realistic goals D. Complex and comprehensive rules E. Consistency with the organization's existing goals

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A counteroffer:

A. is a mirror-image of the offer. B. is an inquiry into the terms of the offer. C. impliedly rejects an offer. D. does not affect the material terms of the contract.

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An ________________ provides the skeleton upon which you hang your main ideas and support.

Fill in the blank(s) with the appropriate word(s).

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Which element below is defined as the motivation we derive from stretching and exercising our capabilities?

A. need for capability B. need for self-determination C. need for competence D. need for adequacy

Business