An Agreement Modifying a Sales or Lease Contract Needs Consideration

question 46

True/False

An agreement modifying a sales or lease contract needs consideration to be binding.

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Definitions:

Recruitment Function

The process within human resources aimed at attracting and selecting qualified candidates for job positions.

Direct Costs

Expenses that can be directly attributed to the production of specific goods or services, such as raw materials and labor.

Rare Job Skills

Rare job skills are unique or uncommon abilities that are highly valued in the job market and often lead to competitive advantages for those who possess them.

Work Attitude

The feelings and perceptions that an employee has towards their work, influencing their motivation and job performance.