Which of the Following Contracts Would Be Void

question 72

Multiple Choice

Which of the following contracts would be void?

• A)A contract with a person declared mentally incompetent.
• B)A contract with a minor.
• C)A contract with a force majeure clause.
• D)All of the above are void.

Understand the characteristics unique to service operations, including labor intensity and customization.

Acknowledge the universal application of the transformation process across various types of organizations.

Comprehend the ultimate objective of operations management in creating outputs that are worth more than the inputs.

Differentiate between the concepts of operations and production and their respective scopes.

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Definitions:

Challenge Stressors

Aspects of a job or situation that are perceived as opportunities for growth or achievement, even though they may require significant effort or pose difficulties.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, driven by needs, desires, and ambitions.

Performance

Refers to how well an individual or organization completes tasks and achieves goals, often measured against pre-determined standards.

Cognitive Dissonance

The psychological distress felt when an individual simultaneously possesses conflicting beliefs, ideas, or values.