It Is Difficult to Measure the Contribution of the Service

question 143

Multiple Choice

It is difficult to measure the contribution of the service sector to GDP because

• A) its contribution to GDP is very little.
• B) of large fluctuations in prices in the service sector.
• C) there are close ties between the service sector and illegal activities.
• D) it is difficult to determine what counts as a unit of output.

Differentiate between legal sufficiency of consideration and adequacy of consideration.

Identify the requirements for a valid modification of contracts under both common law and the Uniform Commercial Code (UCC).

Analyze the enforceability of agreements based on past consideration or moral obligations.

Distinguish between illusory promises and conditional promises in the context of contract enforceability.

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Definitions:

Noradrenaline System

Part of the body's sympathetic nervous system, involved in the fight or flight response and regulation of mood, attention, and arousal.

Dopamine System

A pathway in the brain that is responsible for reward-motivated behavior and is associated with feelings of pleasure and motivation.

Internet-Based Interventions

Therapeutic programs delivered online, aiming to provide support, therapy, and behavioral training to individuals seeking mental health help or lifestyle changes.

Empirically-Based Techniques

Practices or methods that have been tested and validated through scientific research.