The Frequency of Business Starts and Stops Is Referred to As

question 70

Multiple Choice

The frequency of business starts and stops is referred to as:

• A) volatility.
• B) aggrandizing.
• C) part-time business.
• D) adaptability.

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Definitions:

Transaction

The act of conducting business or completing an exchange of goods, services, or funds between two or more parties.

Express Condition

An express condition is a specific, clearly stated requirement within a contract that must be fulfilled for the obligations of the contract to be performed.

Implied Covenant

An unspoken legal promise or guarantee, assumed to be included in a contract or transaction.

Good Faith

Acting with honesty and without intent to defraud or seek an unfair advantage, particularly in contractual or negotiation settings.