A Representative of Senior Management Should Be Invited to the Project

question 24

True/False

A representative of senior management should be invited to the project launch meeting.

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Definitions:

Promissory Estoppel

A legal principle preventing a party from withdrawing a promise made when the other party has reasonably relied on that promise to their detriment.

Consideration

Something of value promised to another when making a contract that motivates both parties to enter into the agreement.

Mistake Of Fact

A legal defense in which an individual argues that a misunderstanding of fact rather than law led to the action that constituted an alleged offense.

Bilateral Mistake

A legal term referring to a misunderstanding where both parties to a contract have incorrect beliefs about an essential fact of the agreement.