Satisficers Are Individuals Who

question 51

Multiple Choice

Satisficers are individuals who:

• A)despite rigorous planning,are never satisfied with their decision.
• B)make decisions that are "good enough."
• C)evaluate every possible option prior to making a decision.
• D)attempt to please as many people as possible with their decisions.

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Definitions:

Modify or Rescind

To change, alter, or revoke an agreement or contract either partially or completely.

Incidental Beneficiary

A third party who unintentionally benefits from a contract but has no legal right to enforce the contract terms.

Intended Beneficiary

A person for whom a contract is specifically made, who has the right to enforce the terms of the contract, even though they are not a party to it.

Promisee

An individual or entity to whom a promise or commitment is made.