The Four Groups of Facilitating Services Are

question 15

Multiple Choice

The four groups of facilitating services are:

• A)information, order-taking, billing, payment
• B)consultation, information, order-taking, billing
• C)order-taking, information, exceptions,
• D)hospitality, information, order-taking, billing
• E)exceptions, hospitality, safekeeping, order-taking

---

Definitions:

Adequate Consideration

A fair and reasonable value exchanged in a contract, ensuring that all parties receive something of value.

Arbitration Clause

A provision in a contract that requires the parties to resolve disputes through arbitration rather than through litigation in court.

Preexisting Duty

An obligation that a party is already legally bound to, which cannot serve as consideration for a new contract.

Forbearance to Sue

An agreement or arrangement where a party chooses not to pursue legal action in exchange for some form of compensation or under specific conditions.