This Term Signals That White Businesspeople Are at Least Dimly

question 82

Multiple Choice

This term signals that white businesspeople are at least dimly aware of the non-meritocratic ways in which the vested interests of whites are commonly protected and extended to the disadvantage of businesspeople who are not white.

• A) cronyism
• B) good old boy networks
• C) in-group favoritism
• D) in-group homogeneity
• E) racial nepotism

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Definitions:

Creditors

Creditors are individuals or entities to whom money is owed by debtors or borrowers.

Primary Objective Test

A rule that states a writing is not needed for enforcement if the promise to pay another party’s debt is made to obtain a gain for the guarantor.

Guarantor

The promisor.

Enforceable

A characteristic of a legal agreement or obligation that allows it to be legally upheld or compelled in a court of law.