An Enforceable Contract Contains an Offer, an Acceptance and _______

question 7

Multiple Choice

An enforceable contract contains an offer, an acceptance and _______.

• A) a promise to do something
• B) it must be in writing
• C) consideration
• D) a bi-lateral agreement
• E) a uni-lateral agreement

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Definitions:

Peter Drucker

A renowned management consultant, educator, and author, considered the father of modern management.

Delegation

The assignment of responsibility and authority to someone else while retaining ultimate accountability.

Accountable

Being responsible for one's actions and the outcomes of those actions, often involving an obligation to report, explain, or justify them.

Good Management

Refers to the process of effectively planning, organizing, leading, and controlling resources and tasks to achieve organizational goals.