To Be Effective, Goals Should Have Certain Qualities, Which Can

question 59

Essay

To be effective, goals should have certain qualities, which can be recalled through the use of the acronym SMART. List and describe each of these characteristics.

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Definitions:

Condition Subsequent

A condition that alters the rights or duties of the parties to a contract, or that may have the effect of terminating the contract if it should occur.

Condition Precedent

A legal term for a condition or event that must occur before a contract becomes effective or before an obligation must be performed.

Power of Attorney

A formal document that gives one person (the agent) the power to represent another (the principal) in matters of law or finance.

Seal

A device or substance used to close or secure an object or document, often signifying authenticity, confidentiality, or approval.