Under the Statute of Frauds,any Contract That Transfers an Ownership

question 36

Multiple Choice

Under the Statute of Frauds,any contract that transfers an ownership interest in ________ property must be in writing to be enforceable.

• A) personal
• B) tangible
• C) intangible
• D) real
• E) intellectual

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Definitions:

Profit-Sharing Programs

A company policy where a portion of the company's profits is distributed to its employees, often based on their performance or as an incentive.

Organizational Performance

The measure of how effectively an organization meets its objectives and achieves its goals.

Profit-Sharing Program

A company program in which employees receive a portion of the company’s profits, typically as a part of their compensation package, to motivate and reward them for their contribution to the company's success.

Clear Goals

Well-defined, unambiguous objectives that are easy to understand and pursue.