In the Context of Business Relationships in Japan, Which of the Following

question 6

Multiple Choice

In the context of business relationships in Japan, which of the following best defines the term amae?

• A)It is the feeling of nurturing concern for, and dependence upon, another.
• B)It is the lack of motivation among employees in businesses.
• C)It is a legal consolidation and collaboration of companies into a single entity.
• D)It is the lack of economic competition in the market.

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Definitions:

Performance

In contract law, it refers to the act of doing what is required by a contract.

Novation

The act of replacing an original party in a contract with a new party, with the consent of all involved, effectively creating a new contract.

Previous Valid Obligation

A duty or commitment that has been legally recognized and must be fulfilled as previously agreed or contracted.

Novation

The act of replacing an old obligation with a new one, thereby extinguishing the original obligation.