The CEO Is the Individual with Primary Responsibility for Effective

question 62

True/False

The CEO is the individual with primary responsibility for effective strategic leadership within an organization.

---

Definitions:

Consideration

The benefit, interest, right, or profit that is given or promised to one party in a contract in exchange for them to do or not do something.

Binding Contract

An agreement between two or more parties that is legally enforceable.

Consideration

The value (which could be in the form of money, goods, services, or a promise) exchanged between parties in a contract, making the agreement legally binding.

Tort of Deceit

A civil wrong that involves making false representations with the intentional or reckless disregard for the truth, causing someone else to suffer damage.