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Sociologists Dennis Gilbert Developed a Widely Used Model of Social

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Sociologists Dennis Gilbert developed a widely used model of social classes based on three elements: religion,occupation of family head,and family income.


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Takeover Bid

An attempt by a competitor to obtain a controlling interest in a corporation.

Board of Directors

A group of elected or appointed members who jointly oversee the activities and governance of an organization or company.

Legal Obligation

A duty enforced by law, requiring an individual or entity to adhere to a prescribed conduct.

Accredited Investors

Individuals or institutions that meet certain financial criteria and are therefore allowed to invest in certain types of complex and higher-risk financial products.

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