Fact Pattern 12-A2

question 84

Multiple Choice

Fact Pattern 12-A2
Brad defends against a breach-of-contract suit by College Credit Corporation by claiming that their deal-a student loan accruing interest at a certain rate and payable beginning on a certain date-was unfair because the consideration for their contract was inadequate.
-Refer to Fact Pattern 12-A2. If, as Brad claims, the consideration in this problem is inadequate, it may indicate a lack of

• A) accord in Brad's satisfaction with the value of the deal.
• B) bargained-for exchange or mutual assent.
• C) flexibility on the part of College Credit to accommodate Brad's needs.
• D) "heft," "substance," or "weight" in the terms of the contract.

Appreciate the legal and ethical considerations related to employment tests.

Understand the significance of making selection decisions based on job requirements.

Describe the multiple-hurdle model in employee selection and its utility.

Understand the purpose and components of human resource planning.

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Definitions:

Input

Information, ideas, or feedback provided by one or more individuals that can influence or modify a process or decision.

Largest Account

Refers to the customer or client that generates the highest revenue for a company, often receiving special attention or terms due to their importance.

Expectancy Model

A psychological theory that explains the process of motivation by associating efforts with performance and desirable outcomes.

Mistake

An action or judgment that is misguided or wrong.