To Be Enforceable,agreements Must Be in Writing If They Are

question 25

Multiple Choice

To be enforceable,agreements must be in writing if they are for at least:

• A) $100.
• B) $200.
• C) $500.
• D) $1,000.

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Definitions:

Risk-taking

The willingness to engage in actions that can lead to significant gains or losses, embracing the potential for failure as a path to success.

High Trust

A condition or environment in which individuals or parties have a strong belief in the reliability, integrity, and competence of each other.

Social Loafing

A phenomenon wherein people put forth less effort when they work in teams than when they work alone.

Supporting Evidence

Information or facts provided to support or validate a claim, theory, or argument.