Fatima needs to copy and bind five sets of legal submissions with beige covers,but none are left in the supply cabinet.The office manager offers to reimburse Fatima for the cost of the covers and buy her lunch from petty cash if she will dash to the nearby office supply store to buy them.Fatima agrees.What is the nature of the arrangement negotiated between Fatima and the office manager?
A) a formal accord
B) an informal business arrangement
C) a haphazard promise
D) a binding agreement

Question

Quizplus · Accepted Answer

The arrangement between Fatima and the office manager is informal, as it is based on a verbal agreement for a specific, small-scale task rather than a formal contract or legally binding agreement.

Fatima Needs to Copy and Bind Five Sets of Legal