Examlex

Solved

Rewards and Punishments, Such as Approval or Disapproval, Administered by Groups

question 404

Essay

Rewards and punishments, such as approval or disapproval, administered by groups to enforce conformity among members are known a(n)__________.


Definitions:

Accounting

The systematic recording, reporting, and analysis of financial transactions of a business.

Invoiced Price

The cost specified on an invoice for goods or services, representing the amount demanded by the seller from the buyer.

Assignment

The act of transferring to another all or part of one’s rights arising under a contract.

Privity

A relationship between parties that is sufficiently close to validate contracts or grant rights or obligations.

Related Questions