If Johan Uses the Classical Model of Decision Making, Which

question 96

Multiple Choice

If Johan uses the classical model of decision making, which of these assumptions would he reject?

• A) The decision maker is rational and uses logic in assigning values and evaluating alternatives.
• B) The desired decision will maximize attainment of organizational objectives.
• C) The decision-maker strives for complete certainty, gathering complete information.
• D) Problems are precisely formulated and defined.
• E) All of these are accepted.

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Definitions:

Quasi-Contracts

Quasi-contracts are legal obligations imposed by courts in order to prevent unjust enrichment, even though no actual contract exists.

Implied-In-Law

Refers to obligations and rights that arise from certain acts or situations as recognized by courts, despite no explicit agreement or contract.

Void Contract

A contract that is legally unenforceable from the start due to illegality or inability to fulfill the terms.

Quasi-Contract

Not an actual contract but a legal construct imposed by courts to prevent unjust enrichment where no formal contract exists.