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Knowledge Management Systems Are Very Costly and They Are Always

question 121

True/False

Knowledge management systems are very costly and they are always a drain on revenue.


Definitions:

Valid Consideration

Something of value (cash, services, goods, etc.) that is exchanged between parties in a contract, making the contract legally binding.

Preexisting Duty Rule

in contract law, states that an agreement to perform an act already legally obligated to is not sufficient consideration for a new promise.

Negative Information

Adverse details or data that can impact an individual or entity's reputation or creditworthiness.

Breach Of Contract

The failure to fulfill the terms or conditions of a contract without a lawful excuse.

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