Which of the Following Is a Standard Provision Frequently Found

question 35

Multiple Choice

Which of the following is a standard provision frequently found in contracts?

• A)choice of forum
• B)understanding
• C)choice of compensation
• D)mediation

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Definitions:

House

Short for the House of Representatives, one of the two houses of the United States Congress, the other being the Senate.

Senate

One of the two houses of the bicameral legislature in many countries, typically representing regional interests and functioning as a check on the powers of the lower house.

Office of Management and Budget

A federal office responsible for preparing the U.S. federal budget and for overseeing the administration's financial management, policy, and legislative agenda.

Federal Budget

An annual financial statement presented by the government detailing its anticipated revenues and expenditures for the coming fiscal year.