________ Is a Mutually Beneficial Activity, So Look for Opportunities

question 19

Short Answer

________ is a mutually beneficial activity, so look for opportunities that benefit you and your contacts.

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Definitions:

Consideration

Something of value exchanged between parties in a contract, required for the agreement to be legally binding.

Liability Insurance

A form of insurance coverage that protects an individual or business from the risk associated with being found legally liable for various kinds of wrongs such as accidents or injuries.

Implied Warranty

A legal term referring to a warranty that is not expressly stated but is assumed by law to exist in a sale.

Release

A legal agreement where one party forfeits the right to pursue a claim or lawsuit against another party.