Which of the Following Lists Three of the Major Types

question 55

Multiple Choice

Which of the following lists three of the major types of coalitions?

• A) potential coalitions,operating coalitions,and recurring coalitions
• B) external coalitions,operating coalitions,and recurring coalitions
• C) latent coalitions,established coalitions,and potential coalitions
• D) established coalitions,operating coalitions,and temporary coalitions
• E) None of the above lists three major types of coalitions.

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Definitions:

Liquidated Damages

A contractual provision that specifies a predetermined amount of money that must be paid as damages in the event of a breach of contract.

Anticipatory Repudiation

A party's declaration to not fulfill their obligations under a contract before the performance is due.

Total Breach

A complete failure to perform or fulfill contractual obligations, resulting in the termination of the contract.

Implied Covenant

An obligation between parties that is not explicitly stated in a contract but is presumed to exist to facilitate the contract's purpose and ensure fairness.