Discuss What Happens When the Parties to a Contract Make

question 99

Essay

Discuss what happens when the parties to a contract make mistakes with respect to what they have agreed.

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Definitions:

Eustress

Positive stress that can have beneficial effects on health, motivation, performance, and emotional well-being, unlike distress.

Positive Response

A favorable reaction or reply to stimuli, information, or an action.

Generates Energy

The ability of a person, process, or environment to inspire and stimulate physical or mental activity.

Social Exchange Process

A theory that explains social change and stability as a process of negotiated exchanges between parties.