Which of the Following Is a Characteristic of an Implicit

question 4

Multiple Choice

Which of the following is a characteristic of an implicit contract?

• A)It is an understanding between parties in a business relationship
• B)It is generally enforceable in court
• C)The threat of losing future business makes implicit contracts not viable
• D)They are typically used in firms that have little relationship with one another
• E)It is an alternative agreement method to the Keiretsu understandings between members

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Definitions:

Justice

A moral principle based on fairness, ethics, rationality, and equity that guides legal systems and societal norms.

Violence

The use of physical force with the intention of causing harm, injury, or abuse to another person or group.

Self-esteem

An individual's subjective evaluation of their own worth or value.

Duchenne Smile

A genuine smile that involves the contraction of both the zygomatic major muscle (raising the corners of the mouth) and the orbicularis oculi muscle (causing crow's feet around the eyes).