Which of the Following Is the First Step in the Contract

question 68

Multiple Choice

Which of the following is the first step in the contract formation process?

• A)Signing the agreement
• B)An offer in definite terms
• C)Selection of partners
• D)Drafting the agreement

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Definitions:

Believing

involves accepting something as true or having confidence in the truth, existence, or reliability of something without direct proof.

Risks

The potential for loss or harm when undertaking an action.

Inconsistency

The quality of being irregular or not staying the same throughout, often leading to unpredictability.

Discipline

a field of study or branch of knowledge but also refers to training people to obey rules or a code of behavior, using punishment to correct disobedience.