Identify the Standard for Service Contracts,which Means That the Performing

question 31

Multiple Choice

Identify the standard for service contracts,which means that the performing party acted in good faith and conveyed enough benefit of the contract to the other party so that the other party can use it for its intended purpose and that the defects arising under the contract may be remedied by money damages.

• A)Personal satisfaction
• B)Substantial performance
• C)Reasonable person standard
• D)Complete performance
• E)Strict performance standard

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Definitions:

Criterion

A standard or principle by which something is judged or decisions are made.

Competent Leaders

Those who possess the necessary skills, knowledge, and experience to effectively guide and inspire a group towards achieving its goals.

Experienced Leaders

Individuals who possess a significant amount of knowledge and skills in leading due to their extensive involvement in relevant roles.

Biases

Prejudices or inclinations that affect judgement, typically in a way that is considered to be unfair.