Which of the Following Is an Advantage of Group Decision

question 21

Multiple Choice

Which of the following is an advantage of group decision making?

• A)Groups take less time than individuals to arrive at a decision because of the collective and diverse mentality of groups.
• B)Group decisions do not cost the organization as much as individual decisions do.
• C)Group decisions are of a higher quality than individual decisions because of the friendly relationships that exist within the group.
• D)Group decisions can be effectively controlled and influenced by the dominant members of the group.
• E)Members of the group tend to support the implementation of the decision more fervently than they would if the decision had been made by an individual.

Assess the legal validity of contracts that involve unethical or illegal procurement of business advantages.

Identify the legal status of contracts involving payment for illicit activities.

Recognize the enforceability of contracts with minors and the protections afforded to them under contract law.

Understanding various memory aids and their effectiveness.

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Definitions:

Uniform Electronic Transactions Act

Legislation adopted by some jurisdictions to establish legal equivalence between electronic records and signatures and their paper counterparts, facilitating the legality of digital transactions.

UETA

The Uniform Electronic Transactions Act, which establishes legal recognition for electronic signatures and records in commercial transactions.

Electronic Transactions

Deals or exchanges of goods, services, or information conducted over electronic systems such as the internet.

Online Contracts

Agreements made and signed in an electronic format, using the internet, which are legally binding as traditional paper contracts.