Visionary Leaders Are Called Transactional Managers

question 45

True/False

Visionary leaders are called transactional managers.

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Definitions:

Unconscionability

A legal doctrine that describes terms that are so extremely unjust, or overwhelmingly one-sided in favor of one party, that they are contrary to good conscience.

Specific Performance

A legal remedy in contracts law requiring a party to perform their part of the contract, rather than simply paying damages for failing to do so.

Equitable Remedy

An equitable remedy is a judicial order enforcing a party to act or refrain from acting in a certain way, typically used when monetary damages are inadequate to resolve the harm.

Exculpatory Clause

A part of a contractual agreement that releases one party from liability for any wrongdoings towards the other.