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A Condition or Specific Event That Must Occur Before an Agreement

question 8

Multiple Choice

A condition or specific event that must occur before an agreement or obligation becomes binding is:


Definitions:

Legal Risks

Potential threats of legal action that could arise from engaging in certain behaviors or business practices.

Ethical Risks

Situations that pose a moral challenge or threat to a person's or organization's integrity and values.

External Stakeholders

External stakeholders are individuals or organizations outside of a company that have an interest or concern in the business's decisions and activities, such as customers, suppliers, investors, and the community.

Breaking Bad News

The delicate process of delivering unfavorable or distressing information in a considerate and supportive manner.

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