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MGMT 404-Chapter 12.Questions and Answers
Exam (elaborations) • 23
pages
• 2021
MGMT 404-Chapter 12.Questions and Answers



1. The three elements required for a contract to be legally binding are: offer, acceptance, and written

documentation.

True False

2. The law is relatively indifferent between the use of written contracts and the use of oral contracts.

True False

3. Statements in employee handbooks can be construed as employment contracts.

True False

4. The "one year rule" ensures that oral agreements for time intervals greater than one year are legally

enfor...
MGMT 404-Chapter 12.Questions and Answers
Last document update:
ago
MGMT 404-Chapter 12.Questions and Answers



1. The three elements required for a contract to be legally binding are: offer, acceptance, and written

documentation.

True False

2. The law is relatively indifferent between the use of written contracts and the use of oral contracts.

True False

3. Statements in employee handbooks can be construed as employment contracts.

True False

4. The "one year rule" ensures that oral agreements for time intervals greater than one year are legally

enfor...
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