Examlex

Solved

When an Offer Does Not Specify a Means of Acceptance

question 68

True/False

When an offer does not specify a means of acceptance, it can be accepted by any means reasonable under the circumstances.


Definitions:

Workforce Reduction

Strategies or actions taken by an organization to decrease its number of employees, commonly through layoffs, to reduce costs or adjust to market conditions.

Voluntary Severance Packages

Financial incentives offered by employers to encourage employees to voluntarily resign, often used in workforce downsizing scenarios.

Downsizing Strategy

Strategy to improve an organization's efficiency by reducing the workforce, redesigning the work, or changing the systems of the organization.

Senior Management

The highest level of management within an organization, responsible for strategic decision-making and overall leadership.

Related Questions