Phillip Garbrose is in the process of writing up a document that states his company will provide consulting on network applications for the next two weeks, for a specified amount of money.Phillip is in the process of creating

Question

Quizplus · Accepted Answer

Phillip is creating a legally binding document that outlines the services his company will provide and the payment they will receive. This meets the definition of a contract. The other options do not apply - contract law refers to the body of law governing contracts, property law deals with ownership and transfer of property, private action suit refers to a lawsuit filed by an individual or group, and a memorandum of understanding is a less formal document than a contract, often used to outline non-binding agreements or future plans.

Phillip Garbrose Is in the Process of Writing Up a Document