Fact Pattern 8-2 Brad Defends Against a Breach-Of-Contract Suit by College Credit Corporation

question 56

Multiple Choice

Fact Pattern 8-2
Brad defends against a breach-of-contract suit by College Credit Corporation by claiming that their deal-a student loan accruing interest at a certain rate and payable beginning on a certain date-was unfair because the considera?tion for their contract was inadequate.
-Refer to Fact Pattern 8-2.A court is most likely to evaluate the adequacy of consid?era?tion if

• A)a thing exchanged has no intangible value to one of the parties.
• B)something exchanged is not of direct economic or financial value.
• C)the items exchanged were of unequal value.
• D)there is a gross disparity in the value of the consideration exchanged.

Understand the role of safety climate in promoting safety knowledge and motivation among employees.

Comprehend the legal and compensation frameworks surrounding workplace safety and health legislation.

Recognize the importance of safety competencies for managers and supervisors in reducing workplace accidents.

Understand the effects of organizational climate, including communication and management style, on workplace stress.

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Definitions:

Different Business Area

Various sectors or divisions within a business environment that each focus on distinct operational or market-related activities.

Concentration

The action of focusing one’s attention or mental effort on a specific object, task, or activity without getting distracted.

Fast Food Chain

A business that serves quick service food across multiple outlets, focusing on convenience, speed, and consistency.

Expanding Operations

The process of increasing a company's scope of activities, which can involve entering new markets, launching new products, or increasing production capacity.