Imagine That You Are Waiting for Class to Start

question 58

Multiple Choice

Imagine that you are waiting for class to start.Another student sits down next to you and offers you one of his two Cokes.You like Coke, so you take it.A few days later, the same student sits next to you again.This time, you have a bag of potato chips, and you feel obligated to offer him some.This urge you have is a manifestation of

• A) the reciprocity norm.
• B) the foot-in-the-door technique.
• C) the door-in-the-face technique.
• D) public compliance.

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Definitions:

Common Stock

Shares that constitute ownership in a corporation, providing voting rights and entitling shareholders to a portion of the company’s profits through dividends.

Cash Dividend

A payment made by a company to its shareholders, usually in cash, out of its profits or reserves.

Bond Payable

A long-term debt instrument issued by corporations and governments, promising to pay the bondholder a specified sum of money at future dates.

Indirect Method

A method often used in cash flow statements to convert net income into net cash flow from operating activities by adjusting for non-cash transactions and changes in working capital.