A Promise to 'Keep an Offer Open' for a Specified

question 2

Multiple Choice

A promise to 'keep an offer open' for a specified period:

• A) Is not enforceable unless made in writing.
• B) Is not enforceable.
• C) Is not enforceable unless supported by the offeree's consideration.
• D) Is not enforceable unless supported by the offeror's consideration.

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Definitions:

Scientific Management

A management theory that analyzes and synthesizes workflows, improving labor productivity and efficiency.

Mass Manufacturing

The production of large quantities of standardized products, often utilizing assembly line technology and methodologies.

Part-Time Employees

Workers who are employed for fewer hours than considered full-time by their employer, often without receiving the full benefits given to full-time employees.

Standardized Wages

A system in which pay rates are set at a consistent amount for similar jobs within an industry or organization, aiming to ensure fairness.