In Some States, an Otherwise Unenforceable Oral Contract May Be

question 52

True/False

In some states, an otherwise unenforceable oral contract may be enforced under the doctrine of promissory estoppel.​

---

Definitions:

External Monitoring

The process of assessing and evaluating an organization's performance or compliance by an external body or mechanism.

CEO

The highest-ranking executive in a company or organization, responsible for making major corporate decisions.

Strategic Decision

A significant choice made after careful consideration, often affecting the overall direction of an organization.

Flexible Leadership Theory

A leadership approach that emphasizes adaptability and the ability to adjust leadership styles and strategies based on changing circumstances.