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What Causes People to Behave in a Certain Way on the Job

question 42

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What causes people to behave in a certain way on the job?

Comprehend the role of scienter in legal determinations related to fraud.
Recognize the ethical and legal issues involved in business dealings and the exploitation of trust or authority.
Differentiate between the various factors that can affect the enforceability of a contract such as concealment, duress, and undue influence.
Evaluate the relevance and application of legal doctrines in specific contractual disputes and case law.

Definitions:

Excise Tax

A specific tax imposed on certain goods, products, or activities, usually to discourage consumption or to raise revenue.

Comparative Advantage

An economic theory that describes how a country or entity can produce goods and services at a lower opportunity cost than others.

International Trade

Trading goods, services, and capital across borders or territories between countries.

World Price

The international market price of a good or service, determined by global supply and demand.

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