Answer:
It may not relieve the revoking party of contract obligations.
Explanation:
Contract revocation can occur in different ways, the most common being when one of the parties revokes the contract. An act of revocation could include recalling, cancelling, or annulling the contract. But the revoking party may not be relieved of it contracts obligations
"<span>When housing prices fall, consumers are more likely to </span>default<span> on their home loans, causing banks to lose money. Also, home equity dries up, meaning that consumers have fewer funds available for spending, saving, investing or paying down their debts. Sometimes, banks are even forced to shut down."</span><span>
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Answer:
The quotation demonstrate the principle of bureaucracy know as hierarchical authority.
Explanation:
Hierarchical authority is about power structure which means the <em>higher the level of someone in a hierarchy more makings decision power they have</em>. For example, when Obama says he’s often has to choice between bad and worse, because only things that land on his desk are tough decisions, that makes sense because he was the President, this the most powerful person of the hierarchy. That is why this in type of structure, the person with the higher authority has to make the biggest and harder decisions making.
Explanation:
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