The Objective Theory of Contracts Is Based on the Premise

question 62

Multiple Choice

The objective theory of contracts is based on the premise that:

• A)Even offers made in obvious jest can be the basis of a contract.
• B)Every contract must have a central object to it.
• C)Every contract must have consideration given by both parties.
• D)Whether the intent is present is based on how a reasonable person would view the parties' actions rather than on the actual intentions of the parties.
• E)The intent to be bound is determined after the parties have had a chance to perform the contract.

Explain the impact of subsystem changes on the overall system within an organizational context.

Identify and explain the types of feedback mechanisms in systems.

Grasp the dynamics of innovation and change within organizations through the lens of systems theory.

Comprehend Weick's concept of requisite variety and its application in complex systems.

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Definitions:

National Security

Refers to the safety and defense of a nation's sovereignty, territory, and citizens from external and internal threats.

Presidential Order

A directive issued by the President of the United States that manages operations of the federal government.

Armed Forces

The military forces of a country, which include the army, navy, air force, and sometimes other branches, responsible for defense and warfare operations.

Military-Industrial Complex

The military-industrial complex refers to the close relationship and mutual interests among military leaders, government, and defense contractors, often criticized for promoting military expenditure and involvement in conflicts for profit.