The Way Parties Usually Show Mutual Assent Is By

question 69

Multiple Choice

The way parties usually show mutual assent is by:

• A) an offer by words or conduct and an acceptance by words or conduct.
• B) a proposal in words and an acceptance in words.
• C) an act exchanged for an act.
• D) an offer and a counteroffer.

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Definitions:

Economic

Related to the production, consumption, and transfer of wealth, and the study of how individuals, businesses, governments, and nations make choices on allocating resources.

SWOT Analysis

A strategic planning tool that helps organizations identify Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.

Just-In-Time Manufacturing

An inventory strategy companies use to increase efficiency and decrease waste by receiving goods only as they are needed in the production process, reducing inventory costs.

SWOT Analysis

A strategic planning tool used to identify and understand the Strengths, Weaknesses, Opportunities, and Threats related to business competition or project planning.