Which of the Following Is the Most Specific Type of Standing

question 9

Multiple Choice

Which of the following is the most specific type of standing plan?

• A) policies
• B) procedures
• C) rules and regulations
• D) forecasts
• E) MBO plans

---

Definitions:

Binding Contract

An agreement between two or more parties that is legally enforceable and has all the essential elements of a contract.

Formal Document

A document that follows established conventions or requirements, often used in professional or legal contexts.

Formal Contract

A contract that adheres to a specific form or is ceremonial in nature, often requiring written documentation and signatures.

Simple Contract

A written or verbal contract not under seal; also called a parol contract.