Examlex
Expectancy theory is based on the following formula: motivation = expectancy x instrumentality x valence.
Counteroffer
A reply to an offer in which the original conditions are modified, effectively rejecting the initial offer and presenting a new one for consideration.
Offer Termination
the revocation, rejection, or expiration of a proposal before it is accepted, which effectively ends the offer and prevents it from becoming a binding contract.
Uniform Commercial Code
A standardized set of laws and regulations that govern commercial transactions in the United States.
United Nations Convention
An international treaty or agreement formulated under the auspices of the United Nations, aimed at regulating issues of global concern.
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