Which of the following is true about contingency theories of leadership? Which of the following is true about contingency theories of leadership? They suggest that effective leadership is based on the potential leader's charisma. They suggest that effective leadership depends on a combination of leader's traits/ behaviors and key situational characteristics. They suggest that specific personality traits of a potential leader (e.g., extraversion) are the primary factors that influence effective leadership. They suggest that effective leadership is the product of a core set of specific leadership behaviors