A(n) ____ Is a Binding Promise to Keep an Offer

question 412

Multiple Choice

A(n) ____ is a binding promise to keep an offer open for a specified period of time.

• A) terminal contract
• B) limited contract
• C) express contract
• D) explicit contract
• E) none of the other choices are correct

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Definitions:

Status

The relative social, professional, or other standing of someone or something within a society or social group.

Party

A social gathering of invited guests, typically involving eating, drinking, and entertainment, or a political organization seeking to achieve power.

Unemployment Problem

The issue arising from a significant portion of the workforce being without jobs, affecting economic stability and individual livelihoods.

Blaming The Victim

A social phenomenon wherein the victim of a crime or any wrongful act is held entirely or partially responsible for the harm that befell them.