To Take a Chance and Improve Things Means Leaders Have

question 7

True/False

To take a chance and improve things means leaders have to step through fear and confusion and act despite the risks involved.

Recognize that contracts are enforced according to their clear and obvious terms as determined by courts.

Differentiate between actual contracts and quasi contracts and understand their legal implications.

Grasp the concept that quasi contracts are imposed to ensure fairness and justice.

Understand the circumstances under which a party can claim the fair value of a benefit under the doctrine of quasi contract.

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Definitions:

Claiming Value Strategies

Techniques used in negotiation focused on maximizing one's own benefit from the deal being negotiated.

Single-issue Negotiations

Negotiations that focus exclusively on one specific matter or topic, often leading to a zero-sum scenario where one party's gain is another's loss.

Change Our Goals

The process of reevaluating and adjusting one's objectives in a situation, often in response to new information or changing circumstances.

Clear Objectives

Well-defined and specific goals that guide actions and decisions, essential for effective planning and successful outcomes.