Choose the One Most Appropriate Answer for Each

question 67

Multiple Choice

Choose the one most appropriate answer for each.
-a person who is considered legally capable of entering into a contract

• A)assign
• B)attorney-in-fact
• C)breach of contract
• D)competent party
• E)consideration
• F)counteroffer
• G)duress
• H)forbear
• I)fraud
• J)liquidated damages
• K)money damages
• L)mutual agreement
• M)novation
• N)offeror
• O)rescind
• P)specific performance
• Q)statute of frauds
• R)unilateral contract
• S)void contract
• T)voidable contract

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Definitions:

Pathways

Routes or courses which lead from one place to another, often used metaphorically to describe options or processes to reach a certain goal.

Messages

Units of communication intended to convey information, feelings, or instructions from one entity to another.

Formal Channels

Follow the official chain of command.

Organization's Hierarchy

The arrangement of individuals within an organization according to levels of authority and responsibility.