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X owed Y a debt in the amount of $1,000. The debt was payable on June 1st. If X offered the $900 on the day before the due date, and Y accepted the money as payment in full, at common law, he could not later demand the remaining $100.
Lifestyle
The interests, opinions, behaviors, and behavioral orientations of an individual, group, or culture.
Local Culture
The collection of customs, beliefs, art, and way of life that is specific to a geographical area, community, or group, distinct from global or dominant cultures.
Globalization
The process of interaction and integration among people, companies, and governments worldwide, largely driven by international trade and investment, aided by information technology.
Anthony Giddens
A contemporary British sociologist renowned for his theory of structuration and his holistic view of modern societies, including the influences of globalization and identity.
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