Capacity to Contract Means

question 35

Multiple Choice

Capacity to contract means

• A)the ability to make an offer or accept an offer.
• B)the competence to enter into a legally binding contract.
• C)the ability to pay damages in the event of a breach of contract.
• D)the ability to make a promise.
• E)the ability to comprehend the terms of a contract.

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Definitions:

Supply Chains

Networks of individuals, organizations, resources, activities, and technology involved in the production and delivery of a product or service from supplier to consumer.

Culture

The set of values, guiding beliefs, understandings, and ways of doing things shared by members of a society; exists on two levels.

Symbols and Ceremonies

Elements used within a culture or organization to represent ideas, values, or commemorate important events or achievements.

Brazil

A country in South America, characterized by its large geography, diverse culture, and significant role in the global market.