Examlex
A disadvantage of the traditional functional approach to departmentalization is that
Acceptance
The act of agreeing to the terms of an offer, thereby forming a contract.
Offer
A tentative promise to do something if another party consents to do what the first party requests.
Telephone
A telecommunications device that allows two or more users to conduct a conversation when they are too far apart to be heard directly.
Invitation To Treat
An Invitation to Treat is a legal expression signaling the initiation of negotiations, inviting offers which can then be accepted or rejected by the party issuing the invitation.
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