In the Evolution of Contracts,the Following Is Not True

question 7

Multiple Choice

In the evolution of contracts,the following is not true:

• A)The use of contracts goes back to ancient times.
• B)The common law of contracts was developed in France around the 13th century.
• C)The United States adopted a laissez-faire approach to the law of contracts.
• D)None of the above.

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Definitions:

Location Analysis Technique

A method used to determine the most optimal location for a business, facility, or operation based on factors like cost, resources, and logistics.

Transportation Method

A linear programming technique used to determine the most efficient and cost-effective way to move goods from several sources to several destinations.

Manufacturing Organization

An entity engaged in the transformation of raw materials or components into finished products through the use of labor, machinery, and processes.

Centre-of-Gravity Method

A technique used in location planning that minimizes transportation costs by considering geography and volumes to find an optimal location.