Describe the Three Ways Services Can Be Classified

question 80

Essay

Describe the three ways services can be classified.

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Definitions:

Formation

The process of creating or constituting something's structure or establishment.

Agreement

An agreement is a mutual understanding or arrangement between two or more parties, often formalized by a contract.

Offeror

The party in a contract negotiation that proposes the terms of the agreement to another, the offeree.

Valid Means

Pertains to methods or actions that are legally sound and effective.