Contracts Containing Conditions Affecting the Performance Obligations of the Parties

question 3

Multiple Choice

Contracts containing conditions affecting the performance obligations of the parties are called ________ contracts.

• A) Uncertain
• B) Conditional
• C) Unreasonable
• D) Voidable
• E) Void

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Definitions:

Self-Handicapping

A strategy where people avoid effort in the hopes of keeping potential failure from hurting self-esteem.

Self-Fulfilling Prophecy

A belief or expectation that causes itself to become true due to positive feedback between belief and behavior.

Fundamental Attribution Error

The tendency for observers to underestimate situational influences and overestimate dispositional influences upon others' behaviors.

Self-Serving Bias

A cognitive bias where individuals attribute their successes to personal factors and their failures to external factors.