If You Are Born and Raised in an Achievement Society

question 76

Multiple Choice

If you are born and raised in an achievement society, your source of status will most likely be based upon your ________.

• A) father's occupation
• B) age
• C) level of education
• D) gender

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Definitions:

Conditions

Terms or elements in contracts that affect how parties' responsibilities are enforced or interpreted.

Conditions Precedent

Legal terms that must be met before a party is required to perform under a contract.

Executory Conditions

Provisions in a contract that require certain actions to be performed before an obligation becomes absolute.

Concurrent Conditions

In a contract, terms under which each party’s performance is conditioned on the performance of the other; occur only when the parties are required to perform for each other simultaneously.