Information That Is Relatively Easily Communicated and a Large Part

question 81

Multiple Choice

Information that is relatively easily communicated and a large part of what companies teach during training sessions is known as _____ knowledge.

• A)inherent
• B)inferred
• C)implied
• D)tacit
• E)explicit

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Definitions:

HDC Doctrine

Refers to the Holder in Due Course doctrine, which provides protections to purchasers of negotiable instruments who take them in good faith, for value, and without notice of certain defects.

Consumer Transactions

The purchase and sale of goods or services between a buyer, typically an individual or household, and a seller for personal use.

Consideration

In contract law, it refers to something of value exchanged by the parties involved that induces them to enter into the agreement.

Personal Defense

Strategies, methods, or actions employed by an individual to protect themselves from harm.