An Example of Conflict Due to _____ Occurs When One

question 97

Multiple Choice

An example of conflict due to _____ occurs when one department is expected to make a safe product no matter the cost, and the finance department is expected to prevent cost overruns.

• A) value differences
• B) limited resources
• C) substantive emotions
• D) goal differences

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Definitions:

Proper Consideration

Adequate value or compensation exchanged between parties in a contract, which is necessary for the agreement to be legally binding.

Debt

Money owed by one party, the borrower, to another, the lender; typically involving repayment terms and sometimes interest.

Written Contract

An agreement between parties that is documented in a written form and signed by the parties involved.

Remedy

A legal means of enforcing a right or correcting a wrong.