Two Classmates Ask You to Spend a Couple of Hours

question 113

Multiple Choice

Two classmates ask you to spend a couple of hours helping them prepare for a chemistry test.According to social exchange theory,you would be most likely to help them if

• A) your parents helped you study for tests when you were younger.
• B) you know you would feel terribly guilty for refusing their request.
• C) you know that someone else helped them prepare for an earlier test.
• D) your classmates cannot afford to pay for a private tutor.

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Definitions:

Security Interest

A legal claim or lien on collateral that has been pledged, usually to secure repayment of a loan.

Guarantee

A written commitment whereby a guarantor agrees to pay a debt if the debtor does not.

Indemnity

A contractual obligation of one party to compensate for the loss or damage incurred by another party.

Personal Property Security Act

Legislation governing security interests in personal property, allowing creditors to register interests in a debtor's personal property as security for a debt.