Examlex
Matching
Dhruv isn't sure to what degree he should involve his employees in an important decision, so he consults Vroom's decision tree for help.Match the following scenarios with the decision style each most clearly illustrates.
-facilitate
Counteroffer
A proposal made in response to an offer, which effectively rejects the original offer and proposes new terms for an agreement.
Gap-Filling Presumptions
Legal principles or standards applied in contract law to address situations where the parties' agreement does not specify certain terms or conditions.
Mirror Image Rule
A principle in contract law stating that an offer must be accepted exactly without modifications for a valid contract to be formed.
Material Changes
Significant alterations or modifications that could affect a company’s financial condition or the value of its shares, requiring disclosure to shareholders and regulatory bodies.
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