A Spin-Off Is a Type of Divestiture in Which the Assets

question 3

True/False

A spin-off is a type of divestiture in which the assets of a division are sold to another firm.

Understand various AI learning models and their applications.

Recognize the importance of precise communication with AI technologies.

Identify the technical skills required for different cloud services.

Understand how technology like machine learning and natural language processing enhances tools and applications.

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Definitions:

Consideration

In contract law, it's the value that is exchanged between parties in a contract, making the agreement legally binding.

Agency Relationships

A relationship in which one party (the agent) agrees to act for another party (the principal) in a business transaction.

Ratification

The act of giving formal consent or approval to something, making it officially valid, typically in the context of contracts or agreements.

Agency Relationship

A legal and consensual arrangement where one party, the agent, acts on behalf of another, the principal, in dealings with third parties.