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Peter Was Just Hired as an Accounting Assistant and Wants

question 88

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Peter was just hired as an accounting assistant and wants to make a good impression in his new position.What should he do when listening to his supervisor?


Definitions:

Capacity

The legal ability, competency, or power to enter into a contract.

Legality

The state or quality of being in accordance with the law; adherence to the law.

Simple Contract

A contract that can be either oral or written, as opposed to a formal contract which requires a special form or method of creation.

Informal Contract

An oral or written contract that is not under a seal or is not a contract of record. Also called simple contract.

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