Examlex

Solved

Which One of the Following Does NOT Belong in the "1-2-3

question 17

Multiple Choice

Which one of the following does NOT belong in the "1-2-3" strategic model for using influencing skills?

Differentiate between valid and invalid consideration in contract law.
Recognize the legal exceptions that permit enforcement of promises even in the absence of consideration.
Understand the legal concept of promissory estoppel and its application.
Distinguish between bilateral and unilateral contracts and their respective consideration requirements.

Definitions:

Global Marketplace

An interconnected environment where goods, services, and labor are exchanged across national borders, fueled by globalization.

Direct Investment

An investment in the form of a controlling ownership in a business in one country by an entity based in another country.

Exporting

The business practice of selling goods or services produced in one country to buyers in another country.

Indirect Export

The process of selling goods or services to a foreign market through intermediaries, rather than directly to the end purchaser.

Related Questions