A ________ Is a Nongovernmental Organization That Serves Its Customers

question 140

Multiple Choice

A ________ is a nongovernmental organization that serves its customers but does not have profit as an organizational goal.

• A) business firm
• B) subchapter S corporation
• C) service agency
• D) cooperative
• E) nonprofit organization

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Definitions:

Nondisclosure

An agreement or clause that prohibits the sharing of confidential information.

Material Fact

Information that is significant enough to influence a decision or the outcome of a legal case or transaction.

Unilateral Mistake

The result of an error by one party about a material fact, that is, one that is important in the context of a particular contract.

Genuine Assent

An agreement to enter into a contract that is not clouded by factors such as fraud, duress, or mistake, indicating true and voluntary agreement.