An Offer That Can Be Accepted Simply by a Promise

question 19

True/False

An offer that can be accepted simply by a promise to perform does not create a binding contract.

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Definitions:

Cultural Capital

Non-financial social assets that promote social mobility, including education, intellect, style of speech, dress, or physical appearance.

Social Reproduction

The process by which societies and social groups maintain continuity over time through mechanisms that preserve values, norms, and social structures.

Postmodernist

An approach that critiques modernist views of society, emphasizing the subjective nature of reality and the role of culture, power, and identity.

Cultural Capital

The non-material social assets (knowledge, education, language skills, etc.) that can help an individual gain advantage in society.