Open Terms Are Permitted into Contracts If There Is a Reasonably

question 25

True/False

Open terms are permitted into contracts if there is a reasonably certain basis for giving an appropriate remedy and the parties intended to make a contract.

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Definitions:

Contingencies Of Power

are external or internal factors that can affect the amount of power an individual or entity possesses or exercises.

Commitment

The state or quality of being dedicated to a cause, activity, or goal.

Upward Appeal

A tactic in which an employee tries to gain support or persuade someone by appealing to a higher authority within the organization.

Coalition Formation

The process by which individuals or groups come together to form an alliance, typically for a specific purpose or to achieve a common goal.