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MGMT 10 Final Exam With Complete Solution $15.49
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Exam (elaborations)

MGMT 10 Final Exam With Complete Solution

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MGMT 10 Final Exam With Complete Solution

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  • January 17, 2025
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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Q&A


MGMT 10 Final Exam With Complete
Solution


Contract Definition - Answers An agreement that can be enforced in
law and formed by two parties who agree to perform or refrain from
performing some act now or the future



Contract Intent - Answers It's a prime importance in determining
whether a contract has been formed



4 Basic Requirements of a Contract - Answers Agreement,
consideration, capacity and liability



Consideration - Answers Something of value received or promised
to convince a person to make a deal



objective theory of contracts - Answers The view that the intent to
contract should be determined by outward, objective facts



Valid Contract - Answers A contract having legal strength or force



Agreement - Answers It includes an offer and acceptance

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