Which of the Following Are Examples of Formal Contracts

question 19

Multiple Choice

Which of the following are examples of formal contracts?

• A)Letters of credit and contracts under seal,but not executed contracts.
• B)Contracts under seal,letters of credit,and also executed contracts.
• C)Executed contracts but not contracts under seal or letters of credit.
• D)Contracts under seal,letters of credit,but not executory contracts.
• E)Contracts under seal but not executed contracts or letters of credit.

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Definitions:

Natural Rewards

Benefits that spontaneously arise from performing certain activities, providing inherent satisfaction or pleasure.

Empowerment

The process of providing individuals with the resources, authority, opportunity, and motivation to achieve their work roles effectively.

Production Employees

Workers directly involved in the manufacturing or creation of products within an organization.

Important Conditions

Refers to the essential or significant aspects that affect or determine outcomes in a specific context.