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Colby and Carleton own a business.Most of their friends and colleagues would say Colby, who manages the business on a daily basis, is down-to-earth and conventional in his thinking, while Carleton is the "dreamer" and "big idea" partner, who is always coming up with new ways to promote and expand the business.Regarding the five-factor model, Colby would rate low and Carleton would rate high on the __________ dimension.
Executed Contract
A contract that has been fully performed and completed by all parties involved.
Implied-in-law Contract
A type of contract formed by the courts where no explicit agreement exists between the parties, but an obligation is imposed to prevent unjust enrichment.
Binding Contract
An agreement between two or more parties that is legally enforceable in a court of law.
Subjective Theory
A theory proposing that certain concepts, values, or decisions are dependent on individual perspectives, feelings, or opinions rather than objective facts.
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