Which Statement Is True About Definitions in a Contract

question 36

Multiple Choice

Which statement is true about definitions in a contract?

• A) All ambiguous terms must be defined.
• B) Definitions must be grouped together in a separate section of the contract.
• C) Definitions must be located on the same page where the term is first used.
• D) The parties to the contract may be defined with shorter designations than their actual names.

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Definitions:

Pleasure Principle

The driving force of the id that seeks immediate gratification of all desires, wants, and needs.

Drive Reduction

A theory in psychology suggesting that behavior is motivated by the desire to reduce internal tension caused by unmet biological needs.

Incentives

Rewards or stimuli that motivate individuals to perform a certain action or exhibit a desired behavior.

Satisfaction

The fulfillment or gratification of a desire, need, or appetite, or the pleasure derived from this fulfillment.