Examlex
Which of the following statements about human resource management opportunities and challenges is most accurate?
Unforeseen Circumstances
Events that could not have been predicted or expected and may impact contractual agreements or obligations.
Preexisting Duty Rule
A legal principle that asserts no additional consideration is necessary to modify a contract when a party is already legally obligated to perform a duty.
Bilateral Contract
A type of agreement where both parties make a promise to each other to perform certain acts or refrain from performing certain acts.
Liquidated Debt
A debt with a fixed and determinable amount that is agreed upon by both parties.
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