A Term in a Contract That Can Reasonably Be Supplied

question 50

Multiple Choice

A term in a contract that can reasonably be supplied by the courts is referred to as a(n) ________.

• A) intent term
• B) unconditional term
• C) objective term
• D) implied term

---

Definitions:

Activity-Based Measure

A performance metric or accounting method that identifies activities in an organization and assigns the cost of each activity to all products and services according to the actual consumption by each.

5C Model

A marketing model encompassing five essential elements: Company, Customers, Competitors, Collaborators, and Context.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, tracking performance against strategic goals.

Generic Measures

Broad, non-specific metrics used to evaluate or compare general aspects of performance or quality.