A ________ Represents Some Action Which You Take on the Basis

question 11

Multiple Choice

A ________ represents some action which you take on the basis of your _______.

• A) prediction; decision
• B) decision; prediction
• C) criterion; predictor
• D) directive; assessment

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Definitions:

Rescission

The termination of a contract.

Contract

A contract that is enforceable by law, involving two or more parties, which specifies their duties and entitlements.

Nonbreaching Party

The party in a contractual agreement who has not failed to fulfill any contractual obligations or terms.

Rescission

The act of revoking, canceling, or repealing a contract, returning all parties involved to their pre-contractual state.