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A Offer Can Be Revoked by the Performance of an Act

question 42

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A offer can be revoked by the performance of an act that is inconsistent with the existence of an offer and that is made known to the offeree.


Definitions:

Vroom-Yetton-Jago Normative Decision Model

A framework that helps leaders determine the level of involvement of subordinates in the decision-making process.

Authoritative

A leadership or management style characterized by the direct giving of orders and expectations, often without significant input from subordinates.

Consultive Styles

Approaches to leadership and decision-making where input, advice, and feedback from others are sought to make informed decisions.

Transformational Leaders

Leaders who inspire followers to exceed their own interests for the greater good, by providing vision, encouragement, and intellectual stimulation.

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