MGMT 404
Texas A&M University
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MGMT 404-Chapter 12.Questions and Answers
- Exam (elaborations) • 23 pages • 2021
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MGMT 404-Chapter 12.Questions and Answers 
 
1. The three elements required for a contract to be legally binding are: offer, acceptance, and written 
documentation. 
True False 
2. The law is relatively indifferent between the use of written contracts and the use of oral contracts. 
True False 
3. Statements in employee handbooks can be construed as employment contracts. 
True False 
4. The "one year rule" ensures that oral agreements for time intervals greater than one year are legally 
enfor...
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