An Example of a Planned Termination Would Be If a Client

question 20

True/False

An example of a planned termination would be if a client is no longer motivated to return to an agency.

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Definitions:

Full Satisfaction

The complete fulfillment or settlement of a debt, obligation, or claim.

Debt

An amount of money borrowed by one party from another, typically under the agreement that it is to be repaid with interest.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise when the other party has reasonably relied on that promise to their detriment.

Consideration

Something of value promised to another when making a contract, which is required for the contract to be legally binding.