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A negotiated agreement between an organization and another group to exchange things such as goods, services, information, and patents is called ______. Multiple choice question.

Sagot :

A contract is a negotiated agreement between an organization and a group to exchange goods, services, information and patents.

Business contract

It is a formal agreement that establishes the rules, rights and obligations between a working partnership. It exists so that the agreements are fulfilled as previously established, with legal consequences for the party that does not comply with a contractual provision.

Therefore, the contract is a guarantee to two companies that want to come together in favor of some joint negotiation, establishing in common agreement the responsibilities necessary for the organizational integration to be effective.

The correct answer is:

  • Contract

Find out more information about business contract here:

https://brainly.com/question/984979

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