Leadership Is a Necessary (But Not Sufficient)condition for Organizational Success

question 29

Multiple Choice

Leadership is a necessary (but not sufficient) condition for organizational success.Leaders should emerge at which level(s) of an organization?

• A) only at the top
• B) in the middle
• C) throughout the organization
• D) only during times of change

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Definitions:

Written Contract

A formal agreement between two or more parties that is fully documented and signed, outlining specific obligations and terms.

Indemnity

A contractual obligation by one party to compensate the loss incurred by the other party due to the acts of the indemnitor or other specified individuals.

Parol Evidence Rule

A legal principle stating that oral evidence cannot be used to contradict, modify, or add to the terms of a written contract.

Verbal Agreement

An arrangement or contract that is made through spoken word rather than written documentation, but can still be legally binding.