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In the Presence of Several Witnesses, a Verbally Agreed to Purchase

question 3

True/False

In the presence of several witnesses, A verbally agreed to purchase B's farm for $175,000. The next day, B changed his mind, and refused to sell the farm to
A. On the strength of the verbal agreement of purchase and sale made in the presence of witnesses, A sued B for breach of contract and for a decree of specific performance to compel B to sell him the farm. The verbal agreement is void.
FALSE


Definitions:

Training Motivation

The internal drive or desire within employees to participate in learning activities and apply the knowledge gained.

Internal

Pertaining to something within a particular sphere, organization, or entity, typically referring to processes, policies, or practices.

External

In a business or organizational context, external refers to factors, influences, or resources that originate outside of the organization.

Kolb's Models

Theoretical frameworks by David Kolb that describe the experiential learning cycle, involving concrete experience, reflective observation, abstract conceptualization, and active experimentation.

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