__________Are a Basis of Comparison for Measuring the Extent to Which

question 31

Multiple Choice

__________are a basis of comparison for measuring the extent to which organizational performance is satisfactory or unsatisfactory.

• A) Standards
• B) Observations
• C) Values
• D) Deviations

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Definitions:

Objective Standard

A legal benchmark that uses a reasonable person's perspective to evaluate an individual's actions or decisions in a given situation.

Condition Subsequent

A condition in a contract that, upon occurrence, terminates the contract or an obligation within the contract.

Real Estate Contracts

Legally binding agreements related to the purchase, sale, lease, or exchange of real property.

Substantial Performance

A legal concept that occurs when a party has completed the major obligations of a contract, entitling them to payment.