A Valid Offer Does NOT Require Which of the Following

question 18

Multiple Choice

A valid offer does NOT require which of the following?

• A)The offer must be kept open if supported by consideration.
• B)The offer must be more than a request for information.
• C)The offer must be made to a specific offeree.
• D)All terms must be brought to the notice of the offeree and followed exactly.

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Definitions:

Empowerment Theory

A psychological approach that focuses on enabling individuals to gain control, authority, and influence over their own lives and the decisions that affect them.

Influence Events

Events or occurrences that have the power to impact decisions, behaviors, or the outcome of a situation significantly.

Prescriptive Contingency

A management approach that suggests specific actions to be taken in certain situations, based on the contingent nature of the environment.

Descriptive Contingency

This refers to the assertion that there is no one universally applicable set of management principles (by structure or strategy), but that it depends on various external and internal constraints.