A Quasi- Contract Is an Obligation That May Arise Because

question 7

True/False

A quasi- contract is an obligation that may arise because one party has received an unfair benefit and not because of direct contractual relationship.

Recognize the role of friendliness and relationship-building strategies in successful negotiations.

Understand the effectiveness and techniques of paraphrasing in communication.

Identify situations where messages containing threats can be strategically used.

Explore techniques to establish and communicate expertise.

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Definitions:

Standard Deduction

A fixed amount deducted from income before income tax is applied, reducing taxable income and available to all taxpayers who do not itemize deductions.

Married Filing Jointly

A tax filing status for married couples that allows them to file one tax return jointly, combining their incomes and deductions.

Single Taxpayer

A filing status for unmarried individuals that allows them to report their income and deductions on their federal tax return.

Wages

Compensation received by employees for services performed, usually based on hours worked or amount of work done.