Multiple Choice
Which of the following is a characteristic of an implicit contract?
A) It is an understanding between parties in a business relationship
B) It is generally enforceable in court
C) The threat of losing future business makes implicit contracts not viable
D) They are typically used in firms that have little relationship with one another
E) It is an alternative agreement method to the Keiretsu understandings between members
Correct Answer:

Verified
Correct Answer:
Verified
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