Which of the Following Is NOT Required to Bring a Simple

question 38

Multiple Choice

Which of the following is NOT required to bring a simple contract into existence?

• A)There must be genuine consent.
• B)There must be an agreement.
• C)There must be valuable consideration.
• D)There must be a real intention to be bound.

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Definitions:

Self-Managed Teams

Groups of employees who operate without direct supervision, often taking on responsibilities such as planning, problem-solving, and decision making.

Permanent Work Team

A group of employees assigned to work together on a long-term basis to achieve a specific set of goals or tasks.

Grapevine

Internal information channel that transmits information from unofficial sources.

Informal Communication Channel

Messages outside formally authorized channels within an organization’s hierarchy.