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Flexibility Is Low When the Cost of Changing Strategic Choices

question 75

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Flexibility is low when the cost of changing strategic choices is low.


Definitions:

Condition

A provision in a contract or agreement that stipulates a specific event or action must occur before the contract is considered effective or a duty is triggered.

Appurtenant

is a legal term referring to rights or properties that are attached to and benefit a primary property, transferring with the title of that property from one owner to another.

Easement

A legal right to use another person's land for a specific limited purpose.

Land Adjacent

Property that is next to or bordering another property.

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