A(n)_____ Is a Nonprofit Organization or Institution That Provides Business

question 39

Multiple Choice

A(n) _____ is a nonprofit organization or institution that provides business services by using handicapped or rehabilitated workers.

• A) contract manufacturer
• B) e-tailer
• C) sheltered workshop
• D) fulfillment center

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Definitions:

Mailbox Rule

The principle that holds that an acceptance is valid when it is placed in the mailbox, whereas a revocation is effective only when received by the offeree. In some jurisdictions, the mailbox rule has been expanded to faxes.

Binding Contract

An agreement between two or more parties that is enforceable by law, where all parties have agreed to the terms through offer and acceptance.

Contractual Capacity

The legal ability of a person to enter into a binding contract.

Form a Contract

The process of creating a legally binding agreement between two or more parties.