Valid contracts require all of the following, except:

a. written documentation.
b. offer and acceptance.
c. a legal object.
d. consideration.

Answer: a. written documentation.

Business

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In general, having more and better knowledge about the performance management system leads to ________________________________

A. more classes and training sessions B. better employee ratings C. greater employee acceptance and satisfaction D. greater overall performance

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Foreign licensing has its greatest potential in the licensing of ________

A) products B) intangibles (e.g., technology, copyrights, and trademarks). C) goods D) franchises

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