Constructive obligations:
A) Arise from a reasonable expectation that a company will honour certain obligations based on past practices or events.
B) May result from legal requirements.
C) May or may not be legally enforceable.
D) Arise from a reasonable expectation that a company will honour certain obligations based on past practices or events and may or may not be legally enforceable.

Question

Quizplus · Accepted Answer

Constructive obligations arise from a reasonable expectation that a company will honour certain obligations based on past practices or events. They may or may not be legally enforceable, depending on the specific circumstances. In addition, constructive obligations may also result from legal requirements. Therefore, choice D is the best answer.

Constructive Obligations