Which one of the following is correct:
Whenever a contract is made, there is a price associated with it. It is the value offered and accepted by people or companies. In simple terms, consideration is something in return. As per section 2(d), the definition of consideration is as follows: “When at the desire of the promisor, the promise or any other person has done or abstained from doing, or does or abstains from doing, or promises to do or abstain from doing something, such act or abstinence or promise is called a consideration for the promise." Consideration is the foundation on which any contract is built. The law would enforce only those promises that are made as part of the consideration. Let us break down every part of the consideration definition in law: · Consideration has to move as per the desire of the promisor. · Consideration may move from the promise to another person. · Consideration might be in the past, present, or future. · Consideration does not need to be adequate. · Consideration must be real and not illusory. · Illegal or immoral acts are not considered.
Which of the following refers to rules of thumb strategies that shorten decision-making time and allow people to function without constantly stopping to...
Which of the following is NOT a step in the rational model?
The decisions that relate to mundane activities and do not require much thought are known as ________
A technique of decision-making which is a variation of the brainstorming technique, but is more structured in the sense that a group of experts is seate...
A decision is said to be rational when it is based on _______
Non programmed decisions are most likely to be made by _________
Which of the following is not true regarding emotional decision making?
Which of the following describes the rational decision model?
Which of the following is a non-programmed decision?
Which of the following is NOT an advantage of group decisions?