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Chester Barnard in His Famous Work,The Function of the Executive,described

question 15

True/False

Chester Barnard in his famous work,The Function of the Executive,described the development and maintenance of a system of communication as a primary responsibility of executives.


Definitions:

Unfair

Activities or practices that are unjust, dishonest, or not in accordance with equity or good conscience.

Mistake

An erroneous belief or misunderstanding about something, which can affect the validity of a contract if it's fundamental.

Raffles V. Wichelhaus

A landmark case in contract law dealing with mutual mistake and the importance of clear terms in agreements, specifically relating to the "Peerless" ship.

Contractual Terms

The conditions and stipulations outlined in a contract that determine the rights and duties of the parties involved.

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