Culture Is More Than a Set of Ideas or Patterns

question 49

Multiple Choice

Culture is more than a set of ideas or patterns of behavior shared by a group of people because it also includes general mechanisms created by people to promote and maintain their core values. The recent changes in same-sex marriage laws reflect what kind of mechanism?

• A) religious preferences
• B) powerful institutions
• C) a justice system
• D) coercive powers

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Definitions:

Bonds Payable

A long-term liability account that records the face value of the bonds a company is obligated to repay at a specified future date.

Contract Interest Rate

The rate of interest stated in a loan or credit agreement that must be paid on the principal by the borrower.

Bond Discount

The variance in price between the face value of a bond and the amount it fetches on the market, specifically when sold at a price less than the face value.

Straight-Line Method

A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.