Business Executives Are Finding That a Trusting,ethical Relationship with a Business

question 7

Multiple Choice

Business executives are finding that a trusting,ethical relationship with a business partner is:

• A) Best left to not-for-profit companies.
• B) Too costly to maintain.
• C) Likely to cause legal problems.
• D) Often essential in conducting business.

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Definitions:

Offeror

An offeror is a person or party who presents a conditional proposal to enter into an agreement with someone, known as the offeree, which becomes legally enforceable if accepted by the offeree.

Accommodation

Adjustments or modifications provided to employees or customers to enable participation or access, often relating to disability.

Nonconforming Goods

Products delivered under a contract that fail to meet the specifications or quality standards specified.

Acceptance

The agreement by a party to the terms of an offer, creating a legally binding contract.