Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Steel Mill Inc. makes an offer to Tom to enter into a contract to work as a mechanical engineer for a certain salary for one

Steel Mill Inc. makes an offer to Tom to enter into a contract to work as a mechanical engineer for a certain salary for one year subject to a five-year renewal, based on his performance. Tom accepts the offer. This is a valid contract because it includes
a.
a duration and a termination.
b.
specific quality standards.
c.
an offer and an acceptance.
d.
a price and a subject.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quantitative Methods For Business

Authors: David Anderson, Dennis Sweeney, Thomas Williams, Jeffrey Cam

11th Edition

978-0324651812, 324651813, 978-0324651751

More Books

Students also viewed these General Management questions

Question

How does cultural context affect communication? [LO-6]

Answered: 1 week ago

Question

What does the start( ) method defined by Thread do?

Answered: 1 week ago