When a Person Takes a Small First Step in a Sustainable

question 40

Multiple Choice

When a person takes a small first step in a sustainable direction, there is a risk that they may stop there because just doing something is enough to alleviate any worry that is motivating them. This is known as the

• A)single action bias
• B)rebound effect
• C)dissonance paradox
• D)justification bias

Recognize contracts implied in law and the concept of quasi-contracts.

Understand different types of obligations and contracts, including quasi-contractual obligations.

Comprehend the doctrine of promissory estoppel and its application to enforce non-contractual promises based on reliance.

Identify and explain the essential elements required for the formation of a valid contract.

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Definitions:

Zero-Sum Game

A situation in game theory where one participant's gain or loss is exactly balanced by the losses or gains of the other participants.

Leasing Reasons

Various motivations for engaging in leasing, such as financial flexibility, tax advantages, preservation of capital, and access to up-to-date assets.