In What Form Should a Contract Exist in Order to Be

question 8

Multiple Choice

In what form should a contract exist in order to be legally binding?

• A) oral agreement only
• B) oral agreement by only two individuals
• C) oral or written agreement
• D) written agreement only

---

Definitions:

Network Design Model

A strategic approach to determining the most efficient configuration of a supply chain network, including location of facilities, and distribution routes.

Variable

A quantity or element that can change or be changed within a mathematical formula, experiment, or model.

Multi-channel Capabilities

The ability of a business to interact with its customers through multiple channels, such as physical locations, online, and over the phone, in a cohesive and integrated manner.

Online Ordering

The method of purchasing goods or services via the internet.