Adaptation-Level Theory Suggests That

question 131

Multiple Choice

Adaptation-level theory suggests that

• A)our present satisfaction depends on the level of success to which we are accustomed.
• B)the more money we have,the less we need to feel happy.
• C)we will make upward comparisons more than we make downward comparisons.
• D)high-impact events will have long-lasting effects on happiness levels.

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Definitions:

Conveyance

The act of transferring ownership of property from one party to another, often involving real estate.

Gift

A voluntary transfer of property for which the donor receives no consideration in return.

Title

The formal right of ownership of property, whether real or personal, tangible or intangible.

Bailment

The temporary placement of control over or possession of personal property by one person into the hands of another, under agreement.