Utilize the Knowledge You Have Gained to Respond to the Following

question 19

Essay

Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.
-Explain why having a prepared plan for dealing with crises is so important.

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Definitions:

Unilateral Contract

A contract in which only one party makes a promise or undertakes a performance to induce a second party to perform, without the second party similarly promising or performing.

Consideration

Something of value exchanged between parties within a contract, making the agreement legally binding.

Online Transactions

Financial or commercial activities conducted over the internet, including buying, selling, and the exchange of goods, services, and information.

Postbox Rule

A legal principle stating that an offer is considered accepted once the acceptance is posted, even if the message is delayed or lost.