Fact Pattern 15-A1 (Questions A13-A14 Apply)

question 4

Multiple Choice

Fact Pattern 15-A1 (Questions A13-A14 apply)
Macro Marketing,Inc.,and National Food Corporation (NFC) discuss the terms of a contract.Macro then faxes NFC a memo on Macro's letterhead that summarizes the items on which they agreed,including a two-year term.Macro begins to perform,but NFC refuses to pay.Macro files a suit to collect.NFC claims that there is no contract.
-Refer to Fact Pattern 15-A1.Between Macro and NFC,there is

• A)an oral contract only.
• B)a pre-contract only.
• C)a written contract.
• D)no contract.

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Definitions:

Employee Outcome

The results of an employee's actions within an organization, which can include job performance, satisfaction, engagement, and retention, among others.

Individuals And Groups

refers to the distinct units within social or work contexts, where individuals denote single persons and groups signify a collection of individuals working together or categorized together based on common characteristics or goals.

Organizational Behavior

The study of how people interact within groups, particularly in a work setting, and how this behavior affects the performance of the organization.

Competitive Advantage

A condition or circumstance that puts a company in a favorable or superior business position compared to its competitors.