Flo Tells Gregor That She Will Buy His Textbook from Last

question 27

Multiple Choice

Flo tells Gregor that she will buy his textbook from last semester for $65.Gregor agrees.Flo and Gregor have

• A)an executed contract.
• B)an express contract.
• C)an implied contract.
• D)a quasi contract.

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Definitions:

Competitive Pressures

The forces that compel businesses to continuously improve their products, services, and operational efficiency in order to remain viable in the market.

Saturn Experiment

Was a cooperative venture between General Motors and the United Auto Workers union, established in the 1980s to create a more competitive American small car and pioneer new approaches to labor management.

Corporate Strategies

Corporate strategies are plans and decisions made by a company's top management to achieve long-term business objectives and maintain competitive advantage.

Job Control Unionism

A type of unionism focused on gaining control over job-related decisions, including hiring, firing, and work distribution, to protect members' interests.