A/An _____ Clause Assumes the Contract Will Be Renewed Every

question 36

Multiple Choice

A/An _____ clause assumes the contract will be renewed every year unless the supplier is otherwise notified that this is not the case.

• A)evergreen
• B)due diligence
• C)penalty
• D)escape
• E)None of these answers.

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Definitions:

Aging Population

An aging population denotes a demographic trend where the proportion of individuals aged 65 and over increases in a society, affecting healthcare, pensions, and workforce dynamics.

Stakeholder Needs

The requirements or expectations that stakeholders, including customers, employees, and investors, have of an organization.

Youth Workers

Individuals who provide guidance, support, and advocacy to young people through various programs and activities.

HR Audits

Comprehensive and systematic evaluations of an organization's Human Resource functions, policies, and practices to ensure they are efficient and compliant with legal standards.