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Is an Oral Modification to a Contract Enforceable? Explain with an Example

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Is an oral modification to a contract enforceable? Explain with an example.


Definitions:

Ethical Decision Making

The process of evaluating and choosing among alternatives in a manner consistent with ethical principles.

Corporate Culture

The collective values, beliefs, and behaviors that shape an organization’s environment and influence how its employees interact.

Moral Philosophy

The branch of philosophy that concerns itself with questions about what is morally right or wrong, good or bad, fair or unfair.

Cognitive Moral Development

The process by which individuals evolve in their understanding and application of ethical principles as they grow and gain experience.

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