Match Each of the Following Selection Methods with Its Related

question 158

Multiple Choice

Match each of the following selection methods with its related characteristic.(Answers may occur more than once.)
-Less concern with cost-benefit analysis

• A)top management
• B)steering committee
• C)user department
• D)development group

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Definitions:

Novation

The act of replacing an existing contract with a new one, where a new party takes over the rights and obligations from an original party.

Substantial Performance

Substantial Performance is a legal concept where a party has completed a majority of its obligations, justifying payment or consideration despite minor faults.

Material Breach

A significant violation of a contract that goes to the essence of the agreement, giving the aggrieved party the right to terminate the contract and seek damages.

Breach

The act of infringing upon or failing to comply with a law, obligation, or any type of agreement.