Even if a party has the power to avoid a contract for lack of capacity, duress, or undue influence, the party will lose that power by affirming the contract
a. True
b. False
Indicate whether the statement is true or false
True
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In the inclusive workplace model what is an organization’s responsibility in regards to the local community ?
a. Active participation and cooperation in the community b. Occasional support of community activities if time is available c. The organization and community do not need interaction d. They only need to participate in state and federal sponsored community programs
“What problem is being solved?” is a key question to ask when determining the ______ of your TRIM framework.
a. Team b. Resources c. Idea d. Market
Low-frequency, low-severity loss exposures are best handled by
A) avoidance. B) retention. C) insurance. D) noninsurance transfer.
In decision trees, a decision node (a square) is a time when the result of an uncertain event becomes known
a. True b. False Indicate whether the statement is true or false