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A Contract That Is Oral Is Always Enforceable Against a Party

question 66

True/False

A contract that is oral is always enforceable against a party to the agreement who does not wish to follow through with it.


Definitions:

Total Quality Management

A comprehensive management approach focused on continuous quality improvement, customer satisfaction, and involving all organizational members.

TQM

Total Quality Management, a continuous effort by management to improve the quality of products and services through feedback and refinements.

Frederick Taylor

A U.S. mechanical engineer renowned for his efforts to enhance industrial productivity, famously recognized as the progenitor of scientific management.

Productivity

measures how efficiently goods and services are produced by comparing the amount of outputs generated to the inputs used.

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