The Rules and Standards That Govern All Social Encounters Are

question 2

Multiple Choice

The rules and standards that govern all social encounters are referred to as:

• A)social norms.
• B)peer influences.
• C)societal behavior.
• D)ingrained customs.

---

Definitions:

Transfer Restriction

Legal limitations placed on the transferability of securities or other assets, which may require certain conditions to be met before transfer can occur.

Fiduciary Agreement

A legal or ethical relationship of trust between two or more parties, typically where one party agrees to act in the best interests of another.

Option Agreement

A contract granting a party the right, but not the obligation, to buy or sell an asset at a determined price within a specific time frame.

Consent Restraint Provision

A clause in a contract that limits a party's actions based upon agreed terms, which is enforceable only if all parties consent to it.