Which of the Following as a Factor Contributing to New-Venture

question 5

Multiple Choice

Which of the following as a factor contributing to new-venture failure?

• A)product/market problems.
• B)family issues.
• C)personality clashes.
• D)good management/poor product.

Recognize the impact and legal significance of the preexisting duty rule in contract modifications.

Discern when a promissory estoppel claim can be validly invoked in contractual disputes.

Analyze the conditions under which a contract can be considered breached, with a focus on agreements relating to sales, services, and debts.

Comprehend how the adequacy of consideration, or the lack thereof, affects the validity of a contract.

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Definitions:

Neutral Stimulus

A stimulus that initially produces no specific response other than focusing attention. In classical conditioning, it becomes associated with an unconditioned stimulus.

Classical Conditioning

A learning process where a naturally occurring stimulus is paired with a response. Over time, this response becomes conditioned to the stimulus.

Air Horn

A pneumatic device designed to create an extremely loud noise for the purposes of signaling or attracting attention, commonly used in sports events and emergencies.

Neutral Stimulus

A stimulus that initially produces no specific response other than focusing attention, used in classical conditioning experiments.