A contract is defined as ________
A) a formal writing that is signed and notarized as required by law
B) a legally enforceable exchange of promises
C) an exchange of a promise for an act, whether or not it is legally enforceable
D) an exchange of goods or money for services or barter
B
You might also like to view...
Why is cash management necessary?
A male friend has asked for advice on how he should dress to give a presentation at a local business organization's annual awards banquet to be held in a downtown hotel. Which of the following would be your BEST suggestion?
a. Dress professionally, as much for yourself as for your audience. b. Anything that is clean and neat would be appropriate; your appearance will not be important to the audience. c. It is better to underdress than to overdress, so that you don't alienate yourself from your audience. d. Business casual wear would be appropriate, since the event is being held after work hours.
Which of the following is not one of the growth strategies outlined in the text?
A. Market development strategy B. Diversification strategy C. Customer development strategy D. Product development strategy
A regulation is binding on each member state as to the result to be achieved and leaves to the national authorities the choice of form and methods
Indicate whether the statement is true or false