A(n) Contract Involves the Exchange of a Promise for an Act

question 80

Multiple Choice

A(n) contract involves the exchange of a promise for an act.

• A) unilateral
• B) bilateral
• C) executed
• D) executory

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Definitions:

Achieved Status

A status that depends on the capabilities and efforts of the individual.

Ascribed Status

A social position assigned to an individual at birth or involuntarily later in life, based on factors beyond their control, such as race, ethnicity, and family background.

Power

Is the probability that one actor within a social relationship will be in a position to carry out his or her own will despite resistance.

Social Relationship

Social relationships encompass the interactions and connections between individuals, ranging from casual acquaintances to intimate bonds.