Only Misrepresentations That Were Significant to the Decision to Enter

question 1

True/False

Only misrepresentations that were significant to the decision to enter into the contract are actionable.

---

Definitions:

Management By Exception

A management strategy where managers intervene only when their employees' performance deviates significantly from standards, focusing on exceptions to normal work rules.

Laissez-faire Leadership

A leadership style characterized by minimal direct supervision, with leaders providing teams with a high degree of autonomy and trust to make decisions.

Transformational Leadership

A leadership style that inspires and motivates followers to achieve extraordinary outcomes by transforming their attitudes and behaviors.

Transactional Leadership

Transactional Leadership is a style focused on the exchange between leader and followers, where followers are rewarded for specific achievements or penalized for failures.