A(n)________ Is an Agreement Whereby the Parties Agree to Accept

question 97

Multiple Choice

A(n) ________ is an agreement whereby the parties agree to accept something different in satisfaction of the original contract.

• A) counteroffer
• B) accord
• C) promissory estoppel
• D) mirror image acceptance

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Definitions:

Social Media

Digital platforms that facilitate creation and sharing of information, ideas, and other forms of expression via virtual communities and networks.

Baby Boomers

The generation born approximately between 1946 and 1964, known for experiencing economic prosperity and significant social changes.

Nepotism

A preference for hiring relatives of current employees.

Inbreeding

In a professional context, the practice of consistently hiring or promoting from within the organization, potentially limiting diversity and fresh perspectives.