Which of the Following Gratuitous Promises Is/are Enforceable by Statute

question 52

Multiple Choice

Which of the following gratuitous promises is/are enforceable by statute?

• A) A good-faith contract modification in a contract for the sale of goods
• B) A written offer signed by a merchant to buy or sell goods that assures it will be kept open for one month
• C) A renunciation of a claim in a written waiver that is signed and delivered by the aggrieved party when the contract involves a sale of goods
• D) All of these are enforceable by statute.

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Definitions:

Intrinsically Satisfying

Activities or tasks that are intrinsically satisfying bring joy and fulfillment in themselves, without the need for external rewards or recognition.

Mediating Variables

Factors that explain the relationship between two variables, often revealing the process or mechanism through which an effect occurs.

Path-goal Theory

A leadership theory that suggests a leader's behavior is directly related to the satisfaction, motivation, and performance of their subordinates by clarifying paths to achieve their goals.

Relations-oriented Behavior

Leadership behavior focused on building strong interpersonal relationships, fostering team cohesion, and supporting the personal needs of team members.