Employees Often Speak Up When They Observe Potentially Unethical Behavior

question 56

True/False

Employees often speak up when they observe potentially unethical behavior.

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Definitions:

Conditions Precedent

Contractual stipulations that must be met before a contract becomes effective or before an obligation must be fulfilled.

Frustrated Contract

A contract that, through no fault of either party, is rendered incapable of being performed due to an unforeseen event, leading to the contract being void and freeing all parties from their obligations.

Torrential Rains

Intense, heavy rainfall in a short period of time, often leading to flooding.

Doctrine of Frustration

A legal principle that excuses parties from fulfilling contract obligations due to unforeseen circumstances rendering the contract impossible, illegal, or radically different.