RESM 4080 UNT Module 4 quiz with
complete solutions to pass
A _____ contract means that one party has the option of canceling the agreement. - correct
answer ✔✔Voidable
A(n) _____ refers to an agreement between the employer and the labor union or organization
that regulates the terms and conditions of employment for all the employees of a single
employer. - correct answer ✔✔Collective bargaining agreement
A(n) _____ occurs when the parties clearly state the terms of their agreement, verbally or in
writing. - correct answer ✔✔Express contract
The process of a minor rescinding a contract to which he or she is a party is known as _____. -
correct answer ✔✔Disaffirmance
_____ agreements pertain to short-term (i.e., one-time or seasonal) use of a facility. - correct
answer ✔✔Rental
_____ contracts secure athlete sponsorships. - correct answer ✔✔Endorsement
_____ is the exchange of something of value between the parties. - correct answer
✔✔Consideration
_____ is a term used to describe individuals that purchase domain names that potentially
infringe on established trademarks. - correct answer ✔✔Cybersquatter
complete solutions to pass
A _____ contract means that one party has the option of canceling the agreement. - correct
answer ✔✔Voidable
A(n) _____ refers to an agreement between the employer and the labor union or organization
that regulates the terms and conditions of employment for all the employees of a single
employer. - correct answer ✔✔Collective bargaining agreement
A(n) _____ occurs when the parties clearly state the terms of their agreement, verbally or in
writing. - correct answer ✔✔Express contract
The process of a minor rescinding a contract to which he or she is a party is known as _____. -
correct answer ✔✔Disaffirmance
_____ agreements pertain to short-term (i.e., one-time or seasonal) use of a facility. - correct
answer ✔✔Rental
_____ contracts secure athlete sponsorships. - correct answer ✔✔Endorsement
_____ is the exchange of something of value between the parties. - correct answer
✔✔Consideration
_____ is a term used to describe individuals that purchase domain names that potentially
infringe on established trademarks. - correct answer ✔✔Cybersquatter
