What Is TRUE About Action Learning

question 12

Multiple Choice

What is TRUE about action learning?

• A)it uses cases developed by universities like Harvard
• B)it is basically a case study approach ( where the case is a problem existing in your own organization
• C)it is 'hypothetical' and not real to the managers
• D)it is losing popularity in today's leaner organizations

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Definitions:

Gratuitous Promise

A commitment or pledge that one person makes to another without demanding or expecting anything in return, often not legally binding.

Legal Consideration

An essential element of a contract, referring to something of value promised to another when making an agreement.

Contract Was Formed

A statement indicating that an agreement meeting all legal requirements for enforceability (offer, acceptance, consideration) has been successfully established between parties.

Consideration Requirement

A fundamental principle in contract law that requires both parties involved in a contract to exchange something of value for the agreement to be legally binding.