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Which of the Following Statements Is TRUE

question 32

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Which of the following statements is TRUE?


Definitions:

Contract

An agreement between parties creating obligations that are enforceable or otherwise recognizable at law.

Macro Social Environment

The larger societal context in which individuals, groups, and organizations operate, encompassing cultural, economic, legal, and political aspects.

Economic Forces

Factors that affect the behavior of the economy, including demand and supply, inflation rates, and employment levels.

Political Forces

Refer to the influence exerted by political parties, interest groups, and governmental policies on decision-making processes.

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