Which of the Following Is True of a Binding Contract

question 9

Multiple Choice

Which of the following is true of a binding contract?

• A)It allows an offer to be revoked once the contract is formed.
• B)It is created when an offeree accepts an offer that has been properly communicated.
• C)It is considered valid when the offer made is indefinite in nature.
• D)It is created when the offeror clearly shows an intention to make an offer.

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Definitions:

UNICEF

The United Nations Children's Fund, an international organization that provides humanitarian and developmental assistance to children and mothers in developing countries.

Pampers 1 Pack = 1 Vaccine

A cause-related marketing campaign where the purchase of one pack of Pampers diapers contributes to funding one life-saving vaccine.

Philanthropic Marketing

A strategy that involves companies engaging in or supporting charitable activities, to enhance their brand image and build a strong relationship with their consumers.

Corporate Altruism

The practice of companies undertaking actions and policies that are beneficial to society as a whole, beyond their direct financial interests.