Which of the Following Statements Is True About the Modification

question 44

Multiple Choice

Which of the following statements is true about the modification of an existing contract under the UCC?

• A)It regards all contractual duties as preexisting duties.
• B)If new consideration is provided to support a modification,it is unenforceable.
• C)A promise to alter an existing contract for sale of goods is enforceable.
• D)Unforeseeable difficulties that made performance impossible or highly impractical can make promise unenforceable.

Know various quantitative approaches for inventory control, cost minimization, and demand forecasting.

Comprehend the importance of matching managerial styles and approaches to specific situations in contingency theories.

Grasp the significance of inputs and outputs in open systems.

Acknowledge the historical perspective and evolution of management theories and practices.

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Definitions:

Internal Work Motivation

The personal drive or intrinsic desire to undertake work tasks effectively, originating from within an individual.

Critical Psychological State

A mental condition integral to the Job Characteristics Model that impacts an employee's motivation, satisfaction, and performance based on core job dimensions.

Job Characteristics Theory

A theory that identifies five core job characteristics (skill variety, task identity, task significance, autonomy, and feedback) that affect job satisfaction, motivation, and performance.

German Approach

A term that might refer to the rigorous and detailed methodology often associated with German practices in business, engineering, or other fields, but without a specific context it is hard to define precisely.