According to Opportunity Theory, Informal Opportunity Structures Enhance Individual Innovation

question 2

True/False

According to opportunity theory, informal opportunity structures enhance individual innovation and creativity more than formal opportunity structures.

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Definitions:

Disaffirm Contracts

The legal ability of one party to renounce a contract or agreement, thereby rendering it null and void.

Life Insurance

is a contract between an individual and an insurance company where the insurer agrees to pay a designated beneficiary a sum of money upon the death of the insured person.

Psychological Counseling

A form of therapy aimed at addressing mental health issues and improving an individual's emotional well-being through dialogue and various psychological techniques.

Express Ratification

The formal affirmation or approval of an act or contract, making it valid and binding.