Refer to the Scenario Given to Answer the Following Questions

question 105

Multiple Choice

Refer to the scenario given to answer the following questions.
E-Biz Dreams (Scenario)
Robert Lee has just completed a Bachelor of Computer Science degree at Carleton University. He now wants to begin a new Internet business selling his services as a website developer for companies in Ottawa. He estimates that within one year, if his business idea is a success, he will be employing five programmers and two analysts.
-To ensure that the objectives are clearly defined and do not leave room for interpretation, he will have to develop __________ plans.

• A) flexible
• B) specific
• C) directional
• D) strategic
• E) single-use

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Definitions:

Contract

A legally binding agreement between two or more parties that outlines obligations and rights.

Mistake Of Fact

A mistake of fact refers to a misunderstanding or incorrect belief about a fact relevant to a contract or a legal proceeding, affecting the decisions made by the parties involved.

Contract

A binding pact between parties that has legal force and can be upheld in court.

Accept

To agree to receive or undertake something offered.