Without Enforcement, a Contract

question 40

Multiple Choice

Without enforcement, a contract

• A)is binding.
• B)is lateral in form.
• C)is costless to enforce.
• D)not really binding.

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Definitions:

Authority decisions

Choices made by individuals or entities in positions of power within an organization, often regarding policy or strategic direction.

Vroom, Yetton, and Jago

Researchers known for their decision-making model that focuses on varying leadership styles and the importance of situational factors in decision-making processes.

Authority decisions

Decisions made by individuals or bodies who hold power or authority in an organization or group.

Individual decisions

Choices or judgments made by a single person based on personal judgment, beliefs, and attitudes.