It Is Safer to Have People with the Same Points

question 61

True/False

It is safer to have people with the same points of view as the packer inspect the packing of a parachute,or as it applies to organizations,it is safer to have people with the same point of view involved in strategic planning.

---

Definitions:

Unilateral Contract

A contract where one party makes a promise in exchange for an act by another party, becoming binding upon the performance of the act.

Past Consideration

In contract law, a benefit or service previously performed and therefore cannot serve as consideration for a current contract.

Fair Market Value

The price that property would sell for on the open market between a willing buyer and a willing seller, each having reasonable knowledge of all relevant facts.

Valid Consideration

Anything of value promised to another when making a contract that is legal and results in the formation of a binding agreement.