The Accompanying Table Gives Data for a Commercial Bank or
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question 254

Multiple Choice

$$\begin{array} { | c | c | c | } \hline \text { (1) } & ( 2 ) & ( 3 ) \\\hline \text { Legal Reserve Ratio (\%) } & \text { Checkable Deposits } & \text { Actual Reserves } \\\hline 10 & \$ 40,000 & \$ 10,000 \\\hline 20 & 40,000 & 10,000 \\\hline 25 & 40,000 & 10,000 \\\hline 30 & 40,000 & 10,000 \\\hline\end{array}$$ The accompanying table gives data for a commercial bank or thrift. When the legal reserve ratio is 20 percent, the money-creating potential of the entire banking system is

• A) $4,000.
• B) $6,000.
• C) $8,000.
• D) $10,000.

Recognize the rights and enforceability of third-party beneficiaries in a contract.

Comprehend the concept of privity of contract and its implications on contractual rights.

Distinguish between donee, creditor, and incidental beneficiaries in the context of contract law.

Identify conditions under which certain contractual rights cannot be assigned.

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Definitions:

Constructionist Sociologists

Explore how societies come to understand and define criminal behavior and social norms, focusing on the social constructions of reality.

Demographic Facts

are statistics that relate to the population and particular groups within it, such as age, race, gender, income, and education levels.

Deviant Activity

Behavior that violates social norms or expectations.

Constructionist Perspective

A viewpoint in sociology that emphasizes the ways social phenomena are created, institutionalized, and made into tradition by humans.