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A Modification of a Preexisting Contract Occurs When the Parties

question 68

True/False

A modification of a preexisting contract occurs when the parties agree to change one or more of its terms.


Definitions:

Dysfunctional

Having a negative effect on the functioning of a system, organization, or relationship, often preventing it from operating in a normal or effective way.

Implicit Leadership Theory

The concept that people have preconceived notions and expectations about the traits, behaviors, and qualities that make an effective leader.

Attributes

Characteristics or qualities that are inherent in or ascribed to someone or something.

Behaviours

Observable actions or responses of individuals or groups in certain situations, influenced by genetics, social norms, and personal experiences.

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