Stef and Tyler Agree in an Exchange of E-Mail to Form

question 23

Multiple Choice

Stef and Tyler agree in an exchange of e-mail to form a partnership to buy and sell real property. Their partnership agreement is legally binding

• A)only if a copy of the agreement is filed in the appropriate state office.
• B)only if the agreement is printed in hard copy and signed by the parties.
• C)only if the parties exchange valid consideration.
• D)without more.

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Definitions:

Word-of-Mouth

A form of marketing where information about products or services is transmitted from one person to another through verbal or written recommendations.

Countervailing Duties

Tariffs levied on imported goods to offset subsidies made to producers of these goods in their home countries.

General Agreement

A broad contract or understanding between parties that outlines the terms and conditions of their relationship or agreement.

Imported Lumber

Refers to wood that has been sourced from another country and then brought into a domestic market for use or sale.