A Compulsion by Decision Makers to Maintain Each Other's Approval

question 115

Multiple Choice

A compulsion by decision makers to maintain each other's approval, even at the cost of critical thinking and good judgment, is called

• A)the halo effect.
• B)expert power.
• C)groupthink.
• D)cognitive dissonance.

Recognize the enforceability of exculpatory clauses and noncompete agreements and their limitations.

Identify the conditions under which contracts can be disaffirmed by minors.

Comprehend the effects of contracts involving illegal activities or purposes.

Distinguish between different types of contracts and their voidability by minors.

---

Definitions:

International Labor Organization

A United Nations agency that sets international labor standards and promotes social protection and work opportunities for all.

Regulatory Power

The authority held by a body or an institution to guide, direct, or control activities within certain fields according to laws or rules.

Minimum Labor Standards

The baseline requirements set by legislation that determine minimum wage, working hours, safety, and other working conditions.

Productivity

The efficiency at which individuals, companies, or economies produce goods or services, often measured as output per unit of input.