PBMF Chapter 3

A person is legally able to enter into a binding agreement

Handbook that outlines expectations of employee behavior

A proposal to provide a good or service

An order to remove or repair unsafe products in the market

Rules of behavior based on a group's ideas about what is right and wrong

Describes how the owners and employees of a company think, feel, and act as a business

Specific information about a company or its employees is never shared, except with specific one

Document that dictates how business should be conducted

An individuals ideas of what is right and wrong

Contract to rent something.

All parties involved must agree to the terms of the contract

Overstating the features and benefits of products or making false claims about them

Honesty of a person's actions

Legally binding agreement between 2 or more people or businesses.

Terms of employment between a business and an employee

Promoting the welfare of others

Regulates how contracts are written, executed, and enforced

Something of value must be promised in return

lists the goods or services provided by a business and the pice the customer pays in exchange

This number is assigned by the IRS for businesses to use when preparing tax returns and forms

Basic expectations of fair treatment of consumers

One ore more parties do not follow the agreed terms of a contract without having a reason