Examlex
Which of the following statements about knowledge management systems (KMS) is false?
Legally Sufficient
A term indicating that an element of a contract or transaction meets the necessary legal standards to be upheld in court.
Objectively Worthy
A term used to describe something that is considered to have value or merit based on unbiased criteria or standards.
Preexisting Duty
An obligation that one is already legally required to perform, which cannot be used as consideration for a new contract.
Legally Sufficient Consideration
Consideration that is considered to be enough or adequate under the law for a contract to be binding.
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