If Annie Promises Not to Drink Alcohol Until She Is

question 9

Multiple Choice

If Annie promises not to drink alcohol until she is 21 years of age in exchange for her aunt's promise of $1,000,the agreement is:

• A)enforceable because Annie is giving up the right to do something she would otherwise be entitled to do.
• B)enforceable because both parties made a valid promise.
• C)not enforceable because Annie does not have a legal right to drink alcohol.
• D)not enforceable because Annie's aunt doesn't receive anything of value in exchange for her own promise.

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Definitions:

Uncertainty Avoidance

A cultural dimension that describes the extent to which people in a society are uncomfortable with ambiguity and uncertainty.

Entrepreneurship

The process of designing, launching, and running a new business or venture.

Primary Dimension

Fundamental or essential aspects or elements of a subject, object, or concept.

Ethnic Heritage

The background, traditions, values, and customs passed down through generations within a particular ethnic group.