Fatima needed to copy and bind five sets of legal submissions with beige covers,but none were left in the supply cabinet.The office manager offered to reimburse Fatima for the cost of the covers and buy her lunch from petty cash if she would dash to the nearby office supply store to buy them.Fatima agreed.What is the nature of the arrangement negotiated between Fatima and the office manager?

Question

Quizplus · Accepted Answer

The arrangement made between Fatima and the office manager was an informal bargain because there were no formal contracts involved. The office manager offered to reimburse Fatima for the cost of the covers and buy her lunch from petty cash in exchange for her going to the office supply store. This type of agreement is typically an informal arrangement made between parties based on trust and mutual understanding.

Fatima Needed to Copy and Bind Five Sets of Legal