Explain the Distinction Between a Formal Parameter and an Actual

question 13

Short Answer

Explain the distinction between a formal parameter and an actual parameter.

---

Definitions:

Non-Profit Partnerships

Collaborations between organizations that operate without the primary goal of making a profit, often seeking to achieve social, educational, or charitable objectives.

Written Agreement

A contract or agreement that is recorded in writing and signed by the parties involved.

Partnership Form

A type of business structure where two or more individuals share ownership, profits, losses, and responsibilities for managing the business.

Oral Agreement

A contract that has been agreed upon by verbal communication between parties, rather than in writing, though its legal enforceability can vary by jurisdiction and the nature of the agreement.