When a Party to a Contract Intentionally Makes the Terms

question 34

Multiple Choice

When a party to a contract intentionally makes the terms of a contract unclear,it is called:

• A) vagueness.
• B) duress.
• C) ambiguity.
• D) mistake.

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Definitions:

Societal Culture

Societal culture refers to the shared values, norms, and practices that characterize a society.

Organizational Culture

The shared values, beliefs, and practices that shape the social and psychological environment of a business or organization.

Collective Experience

Shared experiences or knowledge among a group of individuals, contributing to a common understanding or culture.

Larger Environment

The broader context or setting, including natural, social, economic, and political factors, that influences or shapes the actions and outcomes of individuals or organizations.