Ratification of an Agreement That Is Required by Law to Be

question 400

Multiple Choice

Ratification of an agreement that is required by law to be in writing:

• A) need not be in writing
• B) must be verbal
• C) must be witnessed by a court official
• D) must be in writing unless both parties agree that it need not be
• E) none of the other choices are correct

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Definitions:

Salesvolume

Sales volume refers to the number of units of a product or service sold by a company in a specified period.

Pay Period

The span of time over which an employee's work hours are recorded and paid.

Class Average

The mean score of a group of students in a particular class or subject.

Business Mathematics

The study of mathematical methods and tools used in business and finance to analyze and solve problems.