Delta, Inc

question 28

Multiple Choice

Delta, Inc., agrees to assume a debt of Excel Company to First State Bank. The agreement is not in writing. To be enforceable, the promise must be for the benefit of

• A) any party.
• B) Delta.
• C) Excel.
• D) First State.

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Definitions:

Distributor Storage

A logistics strategy where products are stored at distributor-operated warehouses, facilitating faster delivery services to customers.

Package Carrier Delivery

A specialized service provided by companies for shipping parcels and packages directly to recipients or specific destinations.

Endocrine Organ

Glands that secrete hormones directly into the bloodstream to regulate processes such as growth, metabolism, and reproductive functions.

Hormonal Communications

A process within the endocrine system where glands produce hormones that are released into the bloodstream to regulate bodily functions.