Which of the Following Is a Part of the Process

question 81

Multiple Choice

Which of the following is a part of the process of aligning human resource activities?

• A) Changing workloads and combining jobs
• B) Revising organizational structure
• C) Using domestic vendors instead of employees
• D) Training, developing, and evaluating employees

Grasp the distinction between void and voidable contracts.

Understand the implications of standard form contracts and consumer protection in contractual agreements.

Recognize the necessity of consideration for a contract to be binding and the acceptable forms of consideration.

Understand the concept and purpose of mechanism design in economic transactions.

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Definitions:

Executory

Pertaining to a contract, a term describing obligations that have not yet been performed by one or more parties.

Express Contract

A written or spoken agreement in which all terms are explicitly stated.

Contract Elements

The essential components required for a legally binding contract, including offer, acceptance, consideration, and mutual consent.

Bilateral Contract

An agreement containing mutual promises, in which each party commits to performing acts or refraining from actions.