What Is a Potential Repercussion of the Failure to Conform

question 10

Multiple Choice

What is a potential repercussion of the failure to conform to the demands of a society?

• A) Cost
• B) Increased risk
• C) Reduction in the organization's legitimacy
• D) All of the above

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Definitions:

Promissory Estoppel

A rule in law that prohibits an individual from retracting a pledge given to another if the latter has justifiably depended on this assurance to their harm.

Quasi Estoppel

A legal doctrine preventing a party from asserting rights or facts that contradict their past actions or statements.

Bilateral Contract

A type of contract involving mutual obligations whereby each party promises to perform an act in exchange for the other party's act.

Promissory Estoppel

A legal principle that prevents a party from withdrawing a promise made to a second party if the latter has reasonably relied on that promise to their detriment.