A Voidable Contract Is a Valid Contract That Can Be

question 67

True/False

A voidable contract is a valid contract that can be avoided at the option of at least one of the parties to it.

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Definitions:

Disjunctive Task

A task for which the group’s performance is dependent on the performance of the best group member.

Social Loafing

The situation in which persons show reduced effort in achieving objectives when they are part of a team versus working individually.

Self-Managed Teams

Groups of employees who are given the autonomy and responsibility to manage themselves and their work tasks without direct supervision.

Specialized Roles

Positions or jobs within an organization that require a specific set of skills or expertise, contributing to more efficient and effective performance.