Ming Has a Strong Work Ethic

question 260

Multiple Choice

Ming has a strong work ethic.He has worked his way up the ladder and would be considered upper middle class,which is reflected in his recent purchases.This is an example of

• A)psychological influences.
• B)social influences.
• C)personal influences.
• D)cultural influences.
• E)past experience influences.

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Definitions:

Limitation of Damages

Legal provisions or contract terms that restrict the amount of compensation for breach of contract or injury.

Contractual Provision

A specific clause or term within a contract that outlines duties, rights, or obligations of the parties involved.

Liquidated Damages

A pre-determined amount of money agreed upon in a contract that is payable as damages for breach of contract.

Reasonable

Pertains to actions or decisions that are sensible, fair, and logical based on the circumstances presented.