A(n) ________ Refers to a Discrepancy Between the Current State

question 73

Multiple Choice

A(n) ________ refers to a discrepancy between the current state of affairs and some desired state.

• A) problem
• B) decision
• C) instinct
• D) intuition
• E) perception

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Definitions:

Expressed Intent

The explicitly stated purpose or goal of an individual or entity, made clear through verbal or written communication.

Intended Third-party

Someone who, although not a direct participant in a contract or agreement, stands to benefit from the execution of the agreement.

Incidental Third-party

A person or entity indirectly involved or unintentionally benefited by a transaction or contract between two other parties.

Beneficiary

An individual or entity designated to receive benefits or assets from an insurance policy, will, or trust.