When Entering into a Contract,parties Are Expected to Exercise Reasonable

question 32

True/False

When entering into a contract,parties are expected to exercise reasonable judgment.

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Definitions:

Reciprocity

Reciprocity refers to a mutual exchange of privileges or interactions between two or more parties, where each party offers something in return for what is received.

Follower Role Orientation

The manner in which followers view their role and responsibilities in relation to leaders and the organization.

Organizational Outcomes

The results or consequences of an organization's actions, including its performance, employee satisfaction, and financial health.

Immediacy

Refers to the degree of directness and closeness in communication or interaction, often used to create a sense of urgency or intimacy.