Four Types of Resources That Can Be Used to Achieve

question 46

True/False

Four types of resources that can be used to achieve desired objectives are financial, physical, human, and technological.

---

Definitions:

Freedom of Contract

The principle that individuals have the liberty to enter into agreements as they choose without unjust government interference.

Noncompetition Clause

A provision in a contract that prohibits one party from competing with another party for a certain period of time and within a certain geographic area.

Legitimate Business Purpose

A rational, honest intention or objective behind a business action or decision, often considered in legal contexts to validate transactions.

Geographic Area

A specific portion of the Earth's surface defined by natural or artificial boundaries, characterized by distinct physical, administrative, or cultural properties.