Fact Pattern 12-A2 (Questions A8-A10 Apply)

question 10

Multiple Choice

Fact Pattern 12-A2 (Questions A8-A10 apply)
Cut-Rate Construction Company (CCC) begins building a restaurant for Diners Restaurants,Inc.,but after two months demands an extra $100,000.Diners agrees to pay.
-Refer to Fact Pattern 12-A2.If CCC offers,as a reason for the extra $100,000,that ordinary business expenses have increased,the agree?ment is

• A)enforceable as an accord and satisfaction.
• B)enforceable because of unforeseen difficulties.
• C)unenforceable as an illusory promise.
• D)unenforceable due to the preexisting duty rule.

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Definitions:

360-Degree Feedback

A comprehensive performance appraisal system where employees receive confidential, anonymous feedback from the people who work around them, including peers, supervisors, subordinates, and sometimes customers.

Appraisal System

A formal process used by organizations to evaluate employee performance, typically involving assessment tools and feedback mechanisms.

Feedback Sessions

Structured meetings where individuals receive constructive criticism and praise about their performance.

Executive Coaching

A technique in which managers or executives are paired with a coach in a partnership to help them perform more efficiently.