Web Resource Inc. and World Marketing Ltd., businesses located in different countries, agree to a contract. Like different individuals, Web Resource and World Marketing have different perceptions of what the agreement between them is and what it means to fulfill it. This is because

Question

Web Resource Inc. and World Marketing Ltd., businesses located in different countries, agree to a contract. Like different individuals, Web Resource and World Marketing have different perceptions of what the agreement between them is and what it means to fulfill it. This is because​

Quizplus · Accepted Answer

Different cultures can have different understandings and interpretations of contracts and what constitutes fulfilling them, leading to differing perceptions between the two businesses. The other options are not necessarily true as the preferred method of dispute resolution and acceptability of filing a court action can vary by country, and a business contract can be more than just a framework as it can include specific terms and obligations.