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Diversification: A. Was Acclaimed in the West During the 1960s and and 1970s

question 2

Short Answer

Diversification:
a. Was acclaimed in the West during the 1960s and 1970s but was discredited twenty years later.
b. Is believed by Western media to destroy value in emerging economies.
c. Has resulted in higher profitability for some in emerging economies than independent firms.
d. In emerging economies may be a function of the level of institutional under) development.
e. All of the above.

Recognize the effects of unforeseen events on contract obligations and discharges.
Distinguish between express, implied-in-fact, and implied-in-law contractual conditions.
Describe how contracts can be discharged by mutual agreement and operation of law.
Explain the doctrine of frustration of purpose and its applicability in contract law.

Definitions:

Sexual Harassment Laws

Regulations and statutes that define and address unwanted sexual advances, requests for sexual favors, and other verbal or physical harassment of a sexual nature.

Modern Discrimination

Present-day biases or prejudices against individuals or groups, which can be subtle and systemic rather than overt.

Situational Prejudice

Bias or discrimination that is triggered by specific situations or contexts, rather than being a constant attribute of an individual.

Authoritarian Personality

A type of personality characterized by a strong adherence to authority, compliance to established norms, and submission to authority figures.

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