Which of the following is not one of the four elements of a binding contract?
A) Capable parties
B) Mutual assent
C) Lawful objective
D) Fair and equitable exchange
Correct Answer:
Verified
Q2: Which factors are most important for determining
Q3: The ultimate purpose of requesting bids is
Q4: Reducing expenses on labor and overhead is
Q5: Why is it more important to control
Q6: One of the primary objectives of the
Q8: Legal and ethical issues are rarely relevant
Q9: The purchasing agent has only a minimal
Q10: Receiving and processing invoices electronically does what
Q11: What are the most important standards that
Q12: Competent purchasing and effective cost control give
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