Which of the Following Is an Informal Contract

question 2

Multiple Choice

Which of the following is an informal contract?

• A) check
• B) bank draft
• C) lease
• D) recognizance

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Definitions:

Network

A connected group or system of individuals, entities, or components that exchange information or resources.

Incentive Program

A structured plan designed to encourage or motivate individuals to achieve specific goals or performances through rewards or benefits.

Teamwork

The collaborative effort of a group to achieve a common goal or complete a task in the most effective and efficient way.

Employee Input

Contributions or feedback from employees regarding their work environment, processes, and practices, often aimed at improving efficiency and satisfaction.