Which of the Following Is an Example of an Alternative

question 26

Multiple Choice

Which of the following is an example of an alternative method of dealing with a breach of contract,rather than starting a lawsuit?

• A) Treat the subject matter of the contract as a standard or ordinary commodity.
• B) Maintain the project's profitability by insisting on full compensation for any loss.
• C) Seek sufficient compensation for any resulting loss but extend the time for payment.
• D) Show respect for the other party while seeking a standard of reasonableness in return.

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Definitions:

Divergent Thinking

A thought process or method used to generate creative ideas by exploring many possible solutions.

Brainstorm

A creativity technique designed to generate a large number of ideas for the solution of a problem.

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The process of collecting financial resources from individuals or organizations, typically for starting a business, supporting a cause, or funding a project.

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The highest-ranking executives in a company, responsible for making major corporate decisions, managing overall operations, and acting as the main point of communication between the board of directors and corporate operations.