The Problem with Secondary Data Is That They Are Often

question 11

True/False

The problem with secondary data is that they are often outdated and may not provide the specific information for which the sourcing team is looking.

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Definitions:

Consideration

Something of value exchanged between parties in a contract, which is required for the agreement to be legally binding.

Estopped

Barred, impeded, or precluded.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise when the other party has relied upon it to their detriment.

Preexisting Duty

An obligation or duty that already exists under contract law and does not constitute valid consideration for a new agreement.