Proposals Can Be of Two General Categories: ________ Proposals

question 22

Multiple Choice

Proposals can be of two general categories: ________ proposals.

• A) investment and sales
• B) investment and grant
• C) internal and external
• D) internal and investment

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Definitions:

Law

Rules devised and applied by institutions of society or the government to modulate behavior.

Legally Sufficient Value

An acceptable form or measure of value that must be provided in a contract to make it binding and enforceable under law.

Consideration

Something of value (such as money, goods, services, or promised actions) that is exchanged between parties in a contractual agreement.

Adequacy

Adequacy refers to the suitability of something to meet the needs in its context or the sufficiency in quantity or quality to fulfill a specific requirement.