An Organization That Has Become Overly Concerned with Rules and Order

question 35

Multiple Choice

An organization that has become overly concerned with rules and order and has lost its vision is an example of:

• A)an organization with management but no leadership
• B)an organization with management but no implementation
• C)an organization with motivation but no management
• D)an organization with leadership but no motivation
• E)an organization with leadership but no management

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Definitions:

Holder In Due Course

A legal term for a person who has obtained a negotiable instrument in good faith and for value, and thus has certain rights above the original payee.

Breached The Contract

The act of failing to perform obligations stipulated in a contract, leading to a violation of the agreement.

Defense Against Payment

A situation where payment is withheld until certain conditions are met or issues are resolved.

Knowledgeable Holder

A term that would likely refer to an entity or individual in possession of a negotiable instrument who is well-informed about its terms and standing.