ActioNOW and Becca Enter into an Oral Contract in Which

question 22

Multiple Choice

ActioNOW and Becca enter into an oral contract in which Becca agrees to work on a project for ActioNOW for eighteen months. This contract is enforceable by

• A)ActioNOW.
• B)Becca.
• C)any third party, such as ActioNOW's clients.
• D)none of the choices.

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Definitions:

Economic Mission

The purpose of an organization or a project related to achieving financial sustainability and economic objectives.

Stakeholders

Parties interested or involved in a company or project, including employees, customers, investors, and the community, among others.

Ownership Stake

A share or interest in a business or property, representing a portion of the ownership that confers rights and responsibilities.

Varied Group

A collection of individuals or items that differ from each other in specific ways, often used in the context of focus groups or market segments.