On March 20, Alan Orally Agrees to Work for Trower

question 47

True/False

On March 20, Alan orally agrees to work for Trower, Inc. for a period of one year commencing on June 1. No writing is necessary here, because the contract can be performed within one year.

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Definitions:

Enterprising Nonprofits

Nonprofit organizations that adopt entrepreneurial methods to generate revenue for their social missions.

Hybrid Models

Business or organizational models that blend characteristics from different traditional forms to achieve specific objectives.

Outside Investment

Capital that comes from sources external to a business or entrepreneur, such as angel investors, venture capitalists, or financial institutions, to support growth or startup.

Social Impact

The effect of an organization's actions on the well-being of the community, society, or environment.