Touching

question 43

Multiple Choice

Touching

• A)is the same in most cultures.
• B)is encouraged in most companies.
• C)is learned with the ability to speak.
• D)is generally frowned upon in business settings.
• E)should be encouraged among new business associates.

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Definitions:

Good Faith

Good Faith is the concept of acting with honesty and sincerity without any intention to defraud or seek unfair advantage.

Consequential Damages

Losses suffered as a consequence of a breach of contract, not directly caused by the breach but resulting from the specific circumstances of the affected party.

Liquidated Damages

A contractual provision that specifies a predetermined amount of money that must be paid as damages in the event of a breach of contract.

Anticipatory Repudiation

A party's declaration to not fulfill their obligations under a contract before the performance is due.