An Agreement That Consists of Two or More Parts and Calls

question 11

Multiple Choice

An agreement that consists of two or more parts and calls for corresponding performances of each part by the parties is called a:

• A) partial contract.
• B) divisible contract.
• C) performance contract.
• D) divided contract.

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Definitions:

Advertising

is a marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service, or idea.

Positive Gain

An increase in value or beneficial results obtained from a certain action or investment.

Business Operation

Refers to the day-to-day activities and responsibilities involved in running a business.

Marketing Effort

The combined activities and strategies used by a company to market its products or services and achieve its marketing objectives.