The Old Saying "Damned If You Do and Damned If

question 61

Multiple Choice

The old saying "damned if you do and damned if you don't" most resembles a(n) ________ conflict.

• A) double approach/avoidance
• B) approach/avoidance
• C) approach/approach
• D) avoidance/avoidance

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Definitions:

Option Contract

A contract which grants the holder the right, but not the obligation, to buy or sell an asset at a set price on or before a certain date.

Counteroffer

A counteroffer is a response to an original offer, modifying some of its terms and thereby rejecting the original offer.

Acceptance

An agreement by one party to the terms of the offer made by another.

Revocation

The action of rescinding or recalling a decision, law, license, or agreement, making it no longer valid.