When Someone Accepts an Offer by an Exchange of Mutual

question 99

Multiple Choice

When someone accepts an offer by an exchange of mutual promises, what kind of contract has been formed?

• A) implied
• B) unilateral
• C) executed
• D) commercial
• E) none of the other choices

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Definitions:

Long-Term Valuation

Assessing the worth or potential future value of assets, investments, or companies over an extended period.

Profitability

The ability of a company to generate earnings compared to its expenses and other relevant costs incurred during a specific period of time.

Transactional Leaders

Leaders who focus on the role of supervision, organization, and group performance; they are concerned with status quo and day-to-day progress toward goals, often employing a reward-punishment system.

Employee Satisfaction

The level of contentment employees feel regarding their job and workplace conditions, which can impact productivity and loyalty.