When Determining Whether Consideration Is Sufficient to Support a Contract

question 85

True/False

When determining whether consideration is sufficient to support a contract for the sale of goods under the UCC, one relevant factor is whether both parties received a good deal under UCC rules and principles.

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Definitions:

Perspective

An attitude towards or way of regarding something; a point of view.

Congruence

Fit between interests and work environment. The greater the congruence, the greater the predicted job satisfaction.

Work Environment

The physical and psychological conditions under which employees operate, encompassing aspects like office layout, safety standards, company culture, and interpersonal relationships.

Differentiation

The difference between the highest and lowest interest types. Well-differentiated interests predict more stable occupational choices.