Offer and Acceptance Are the Essential Elements of a Contract

question 40

True/False

Offer and acceptance are the essential elements of a contract.

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Definitions:

Quality of Life

A multi-dimensional concept that refers to an individual's overall well-being and satisfaction with life, encompassing personal, social, economic, and environmental aspects.

Managers Treat

The approach or manner in which managers deal with their employees, including leadership style and decision-making processes.

Psychological Contract

An unwritten agreement that shapes the perceptions, beliefs, and expectations of the mutual obligations between an employer and employee.

Contributions

Efforts or offers made by individuals or groups towards achieving a common goal or improving a situation.