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The Most Common Bases for Departmentalization Are by Function,by Product,by

question 24

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The most common bases for departmentalization are by function,by product,by location,and by customer.


Definitions:

Sham

A pretense or fake transaction intended to deceive others or for a purpose contrary to law or public policy.

Lack of Consideration

A situation in contract law where an agreement lacks the exchange of something of value, rendering the contract potentially unenforceable.

Conditional Promises

Commitments that are contingent upon the occurrence of a specified event or situation.

Mutual Consideration

The exchange of value or promises that each party agrees to in a contractual agreement.

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