In Evaluating Alternatives, Individuals Should Make Sure That Alternatives Are

question 62

Multiple Choice

In evaluating alternatives, individuals should make sure that alternatives are judged in terms of (1) their probable effects, (2) whether individuals involved will accept the alternative, and (3) the consistency with policies of the organization. Which points are correct?

• A) All three points are correct.
• B) Points 1 and 2 are correct.
• C) Points 1 and 3 are correct.
• D) Points 2 and 3 are correct.

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Definitions:

Will

A legal document specifying how a person's assets and affairs should be handled after their death.

Option Agreement

A contract granting a party the opportunity, but not the obligation, to buy or sell an asset at an agreed-upon price and date.

Fee Simple

The greatest possible interest in land, providing the owner with full ownership rights, including the right to sell or bequeath the property.

Offeror

The party in a contractual agreement who makes an offer to another party, inviting them to enter into a contract, typically specifying the terms of the agreement.