"The Field on Administration Is the Field of Business

question 19

Multiple Choice

"The field on administration is the field of business.It is removed from the hurry and strife of politics." Who said that?

• A) Bill Gates
• B) Theodore Roosevelt
• C) Franklin Roosevelt
• D) Woodrow Wilson
• E) Jack Welch

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Definitions:

Enforceable

Pertains to a contract or obligation that is legally binding and can be upheld in a court of law.

Parol

Oral or verbal evidence, not recorded in writing, used to explain the terms of a contract.

Both Parties

Referring to the two entities or individuals involved in an agreement, contract, or negotiation.

Fraud in the Inducement

A deceitful practice where one party intentionally misrepresents material facts, inducing another to enter into a contract.