A Bilateral Contract Consists of A

question 42

Multiple Choice

A bilateral contract consists of a:

• A) promise for an act.
• B) promise for refraining from acting.
• C) promise for a promise.
• D) promise to contract.

---

Definitions:

Conflicts of Interest

Situations in which a person's personal interest might interfere with their professional obligations or duties.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures, made in response to financial scandals.

Consulting Services

Professional services provided by experts to help organizations improve their performance, solve problems, or achieve specific objectives.

Voluntary Responsibilities

Duties or actions that individuals or organizations choose to undertake without legal obligation, often for the benefit of society or the environment.