An Interesting Change in Society Is That People Are Less

question 35

Multiple Choice

An interesting change in society is that people are less likely to keep cash in their homes because:

• A) they are afraid of home invasion robberies
• B) they have resorted to credit cards
• C) they keep their cash buried in their backyard
• D) they have better security on their homes

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Definitions:

Statutory Law

Laws enacted by a legislative body, such as Congress or a state legislature, that governs society and is codified in statutes.

Predominant Purpose Test

A legal test used to determine whether a contract is primarily for the sale of goods or the provision of services under the Uniform Commercial Code.

Unconscionable

In contract law, a contract that is grossly unfair or one-sided; one that “shocks the conscience of the court.”

Acceptance

In contract law, the act of agreeing to an offer, thereby creating a binding contract.