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6 December, 02:07

A contract tells an organization how it must act and the consequences for failing to act properly.

O True O False

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  1. 6 December, 04:26
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    Yes the statement is True. A contract tells an organization how must act and the consequences for failing to act properly.

    Explanation:

    It is true that a contract is an agreement which is stating rules and regulation and also the consequences which the company has to face if the rules are violated.

    A contract,

    is an legal agreement is signed for specific period contains rules consists of benefits which the company will get also contains terms & conditions which might change from time to time should be signed by company as well as the party should even be signed by the witness of both the side
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