In Cultures Where Individualistic Values Hold Sway, a Common Belief

question 46

Multiple Choice

In cultures where individualistic values hold sway, a common belief is that people should take responsibility for themselves. In such a culture, which of the following is most likely to be observed?

• A) A sense of autonomy
• B) Personal achievement is not valued
• C) Personal privacy is unimportant
• D) A sense of community

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Definitions:

Statute Of Frauds

a rule of law mandating that specific agreements must be documented in writing and signed by the individual being held accountable for them to be valid.

Main-Purpose Rule

A principle in suretyship law that a guarantor's promise to pay another's debt is not considered a secondary promise requiring a written agreement if the guarantor's main purpose benefits them.

Parol Evidence Rule

A legal rule in contract law that prevents the admission of external evidence intended to alter or contradict the terms of a written agreement.

Merger Clause

A clause in a written agreement within the statute of frauds which states that the written agreement accurately reflects the final, complete version of the agreement.