The Work Sheet for a Merchandising Business Is

question 62

Multiple Choice

The work sheet for a merchandising business is

• A) exactly the same as for a service business.
• B) very different from that for a service business.
• C) slightly different from that for a service business.
• D) much shorter than that for a service business.
• E) much longer than that for a service business.

---

Definitions:

Binding Contract

An agreement between parties that is legally enforceable and has all the essential elements of a contract.

Offeror

The party in a contract proposition who makes the offer to enter into an agreement, proposing terms to another party, the offeree.

Offeree

The party to whom an offer is made in a transaction or agreement.

Offeror

The party in a contract negotiation who makes a proposal or offer to another party for entering into an agreement.