In a Unilateral Contract,a Promise Is Exchanged for an Act

question 64

True/False

In a unilateral contract,a promise is exchanged for an act or forbearance to act.

---

Definitions:

Order Processing

The series of actions or steps taken by a business to fulfill and ship orders to customers.

Inventory Costs

Expenses associated with holding and managing goods or materials that a company plans to sell, including storage, insurance, and depreciation.

Transportation Costs

Expenses incurred in the process of moving goods from production locations to consumers, including costs associated with shipping, freight, and logistics.

Minimize

The process of reducing something to its smallest possible level or amount.