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An Editorial in the Paper Argues That a Person Only

question 140

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An editorial in the paper argues that a person only should be allowed to attend school if the marginal cost of educating that person is less than the marginal benefit of educating that person. The writer's reasoning is an application of:

Recognize the importance of consideration in contract formation and the effects of mutual misunderstanding or mistake on a contract's validity.
Understand the difference between void and voidable contracts, and the implications of each for the parties involved.
Understand the concept of unilateral and bilateral contracts, how they are formed, and the obligations they create.
Identify and understand contract terms related to modifications and the interpretation of ambiguous contract provisions.

Definitions:

Keeping Up Morale

The act of maintaining or improving the confidence, enthusiasm, and discipline of a group or individual, especially in challenging situations.

Communicating A Vision

The process of articulating and spreading a clear, compelling picture of a future state or goal to inspire others.

Transformational Leadership

The elevation of the potential of followers beyond previous expectations; the ability to raise aspirations and achievements to new levels of performance primarily as a result of the intelligence, charm, and talents of a charismatic leader.

Assessment Instrument

Tools or methods used for evaluating the performance, skills, abilities, or characteristics of individuals or groups.

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