A Customer Asks an Entrepreneur to Sponsor an Upcoming Community

question 51

Multiple Choice

A customer asks an entrepreneur to sponsor an upcoming community event and the entrepreneur agrees to do it with no fee,but changes his mind right before the deadline. By which basic element of a contract agreement is the entrepreneur not obligated to uphold his part of the deal?

• A) Capacity
• B) Agreement
• C) Exchange
• D) Legality
• E) Consideration

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Definitions:

A State

A condition or mood that an individual might experience at a particular time, potentially influenced by external or internal factors, distinguished from a "B State."

C State

Typically refers to a condition or status of an organism or its parts, often used in various scientific contexts but may need clarification without further context.

Initial Reaction

the immediate response of an organism to a stimulus, prior to any learning or conditioning that may alter the behavior.

Disinhibition

The reduction or removal of inhibition, resulting in an increase in previously suppressed behaviors or actions.