An Informal Contract Is Also Known as A(n)________ Contract

question 58

Multiple Choice

An informal contract is also known as a(n) ________ contract.

• A) unilateral
• B) bilateral
• C) executed
• D) simple

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Definitions:

Sales Promotion

Marketing strategies aimed at increasing sales or consumer interest in a product or service, often through deals, discounts, or special offers.

Product Placement

The practice of integrating specific products or brands into entertainment media, such as movies or TV shows, to increase visibility and awareness in a subtle manner.

Reese's Pieces

A brand of candy consisting of peanut butter filling enclosed in a hard candy shell, marketed by The Hershey Company.

M&M's

A brand of candy-coated chocolate pieces, manufactured by Mars, Incorporated, known for their variety of colors and flavors.