Examlex
As a manager's career advances from lower-level management to upper-level management,conceptual skills become more important and technical skills less important while at the same time their time spent planning increases and daily leading of operational employees decreases.
Undue Influence
A situation where an individual is able to influence another person's decisions due to the power or trust they hold over them, often leading to unfair outcomes.
Duress
Duress occurs when someone performs an act as a result of coercion or a threat of immediate danger to life or personal safety, which compromises the voluntariness of their decision.
Valid Contract
An agreement between parties that meets all legal requirements and is enforceable by law.
Implied Contracts
Agreements that are not written or spoken but are understood by the actions or behaviors of the parties involved.
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