Which of the Following Is Not Characteristic of Formal Organizations

question 31

Multiple Choice

Which of the following is not characteristic of formal organizations?

• A) They develop their own cultures and routine practices.
• B) They are independent of any other organization.
• C) They change over time but also tend to remain in existence.
• D) They may be tools for creating social change.

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Definitions:

Automatic Stay

A suspension of all judicial proceedings upon the occurrence of an independent event. Under the Bankruptcy Code, the moment a petition to initiate bankruptcy proceedings is filed, all litigation or other legal action by creditors against the debtor and the debtor’s property is suspended.

Litigation

The process of taking legal action in court to resolve disputes between parties, including lawsuits and arbitration.

Creditors

Individuals or entities to whom money is owed by debtors.

Statement of Intention

A legal document declaring a debtor's plans regarding the handling of certain types of debts and assets in bankruptcy proceedings.