__________ Are Externally Administered; They Are Valued Outcomes Given to Someone

question 23

Multiple Choice

__________ are externally administered; they are valued outcomes given to someone by another person, typically a supervisor or higher level manager.

• A) Extrinsic rewards
• B) Valences
• C) Higher order needs
• D) Intrinsic rewards
• E) Lower order needs

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Definitions:

Reasonable Reliance

Relying on a statement or action in a manner that a reasonable person would consider justified under the circumstances.

UCC

The United States has implemented the Uniform Commercial Code, a wide set of legal principles, to govern commercial exchanges.

Consideration

In contract law, something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Valid Consideration

A component of contract law that ensures all parties involved agree to give or do something of value in exchange for a benefit.