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To Be Truly Effective,a Board of an Organization Must Do

question 15

Multiple Choice

To be truly effective,a board of an organization must do all of the following,except:


Definitions:

Freight Rebates

Discounts or refunds given by carriers or warehouse operators on freight charges under certain conditions.

Equitable Remedy

A judicial order enforcing a right or redressing a wrong, guided by principles of equity rather than strict legal rules.

Consensus

An element of a valid contract; both parties must objectively know and agree to its terms through an offer and an acceptance.

Rectification

The legal process of correcting a mistake in a document to reflect the true intentions of the parties involved.

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