Which of the Following Statements Is True of Oral Contracts?​

question 5

Multiple Choice

Which of the following statements is true of oral contracts?​

• A)​They are less formal than written contracts.
• B)​They have the finality of a written contract.
• C)​They don't provide a clear understanding of tasks to be accomplished.
• D)​They don't need to be documented in case records.

---

Definitions:

Frequency Marketing

Frequency Marketing is a strategy designed to increase consumer visits or purchases by offering rewards or incentives proportional to the frequency of shopping or patronage.

Example

A specific instance or illustration used to clarify a point, demonstrate a proposition, or provide a model for understanding complex ideas.

Variable Reinforcements

A reinforcement schedule in which rewards are given out at unpredictable intervals, which can lead to more consistent patterns of behavior.

Fixed Schedules

Time management systems where tasks, activities, or work shifts are planned at specific, unchanging times.