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Which of the Following Would Be Used to Communicate a High

question 2

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Which of the following would be used to communicate a high level description of a major change that involved significant cost and risk to the organization?


Definitions:

Deposit

Money prepaid with the provision that the funds are to be forfeited in the event of a breach of contract.

Condition Subsequent

A condition in a contract that, when occurring, can terminate the contract or alter its terms.

Ended by Agreement

A situation where the parties involved decide to terminate a contract or agreement through mutual consent.

Legal Position

Refers to a party's rights, responsibilities, and standpoints under the law in a particular situation.

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