The Passive Form of Management by Exception

question 55

Multiple Choice

The passive form of management by exception

• A) Is considered non-leadership
• B) Is more effective than the active form
• C) Is similar to individualized consideration
• D) Is enacted only once problems arise

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Definitions:

UCC Section 3-604

UCC Section 3-604 pertains to the discharge of negotiable instruments under the Uniform Commercial Code, primarily focusing on the cancellation or release of an obligation through payment or other means.

Liability

A legal responsibility or obligation, possibly arising from contracts, torts, or statutes.

Negotiable Instrument

A document in writing that assures the payment of a precise sum of money, payable either upon request or at a predetermined time, and includes the name of the individual to whom the money is to be paid.

Enforce

The act of compelling compliance or obedience to a law, rule, agreement, or order.