Express Contracts and Implied in Fact Contracts Are

question 37

Multiple Choice

Express contracts and implied in fact contracts are:

• A) both genuine contracts.
• B) exactly the same thing, just two different names.
• C) not really contracts.
• D) both enforceable only if written and signed.

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Definitions:

Strategic Objective

A planned goal that an organization strives to achieve to guide its long-term plans and align its resources.

Performance Metrics

Quantitative measures used to evaluate, compare, and track performance or production across different periods or against specific objectives.

Performance Targets

Specific goals set by a company or individual to measure progress and achievement over a period.

Performance Metrics

Quantitative measures used to gauge an organization's performance in various areas, enabling managers to assess productivity, efficiency, and effectiveness in meeting objectives.