According to Most States, Which of the Following Is True

question 27

Multiple Choice

According to most states, which of the following is true if there is only a memorandum of two parties' agreement?

• A) The writing can be in any form but must indicate that the parties had a contract.
• B) The entire contract must be in writing and in a single document.
• C) The writing cannot be in the form of telegrams or receipts.
• D) Both parties' signatures have to appear in the writing.

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Definitions:

Repetitive Manufacturing Processes

Production processes that repeat the same sequence of operations on a continuous basis to produce identical or very similar products.

Standardized Products

Goods that are uniform in quality and specifications, making them interchangeable with similar products.

Production Department

A specific section within a manufacturing business that is responsible for the transformation of raw materials into finished products.

Organizational Unit

A subdivision within a company or organization designated by a defined business function or responsibility.