Contracts Are Enforced By

question 4

Multiple Choice

Contracts are enforced by:

• A)the firms that make the contracts through buy-out clauses.
• B)law firms that specialize in contract enforcement.
• C)corporations specializing in contract writing and enforcement.
• D)government through the judicial system.
• E)both households and firms through customer relations departments.

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Definitions:

Universalization Test

The ethical guideline that urges us to consider, before we act, what the world would be like if everyone acted in this way.

Ethical Guidelines

Standards of behavior and professional conduct expected within a specific field or profession.

Stakeholder

An individual or group with an interest or concern in the success of an organization, project, or outcome.

Community

A group of people living in the same place or having a particular characteristic in common, or the sense of fellowship arising from shared beliefs, interests, or goals.