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In the Punctuated Equilibrium Model of Team Development, What Occurs

question 34

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In the punctuated equilibrium model of team development, what occurs in the transition between phase 1 and phase 2?


Definitions:

Primarily Liable

Primarily liable refers to the party that is first and foremost responsible for fulfilling an obligation or compensating for a liability.

Secondarily Liable

Secondarily liable refers to a party's obligation to pay a debt or perform a duty if the primary party responsible fails to do so.

Reacquired

Refers to buying back previously sold or issued shares of a company's own stock or previously owned assets.

Discharged from Liability

The legal release of an individual or entity from any further responsibility for a debt or obligation.

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