The Way Parties Usually Show Mutual Assent Is By

question 69

Multiple Choice

The way parties usually show mutual assent is by:

• A) an offer by words or conduct and an acceptance by words or conduct.
• B) a proposal in words and an acceptance in words.
• C) an act exchanged for an act.
• D) an offer and a counteroffer.

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Definitions:

Administrative Facilities

Infrastructure and buildings utilized by an organization to support its administrative functions, including offices, headquarters, and other operational spaces.

Insurance Expired

The portion of an insurance premium that applies to the elapsed part of the policy period, representing the cost of coverage that has already been provided.

Indirect

Costs that cannot be directly traced to a specific product or service, such as overhead expenses in manufacturing.

Indirect Material

Materials used in the production process that are not directly identifiable with specific products or jobs, such as lubricants and cleaning supplies.