Examlex

Solved

________ Offers Business Cloud, an Enterprise Resource Planning (ERP) Solution

question 56

Multiple Choice

________ offers Business Cloud, an enterprise resource planning (ERP) solution that can be used as a software service, can be installed on the customer's servers and managed by personnel.


Definitions:

Consideration

The value (which could be in the form of money, goods, services, or a promise) exchanged between parties in a contract, making the agreement legally binding.

Tort of Deceit

A civil wrong that involves making false representations with the intentional or reckless disregard for the truth, causing someone else to suffer damage.

Contract Terms

The specific provisions, conditions, and requirements agreed upon by the parties in a contract.

Past Consideration

Consideration given or action performed prior to the current agreement, which is generally not valid as consideration for a current contract.

Related Questions