David Agrees to Assume the Debt of EDotCom Company to Fidelity

question 43

Multiple Choice

David agrees to assume the debt of eDotCom Company to Fidelity Bank.The agreement is not in writing. To be enforceable,the promise must be for the benefit of

• A)any of the choices.
• B)David.
• C)eDotCom.
• D)Fidelity.

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Definitions:

White Privilege

The societal privileges that benefit White people over non-White people in some societies, particularly if they are otherwise under the same social, political, or economic circumstances.

Personal Responsibility

The concept that individuals are accountable for their own actions and decisions and should take an active role in shaping their lives.

Non-Mainstream Cultures

Cultures that exist outside the dominant or mainstream social, economic, and cultural systems, often retaining distinct languages, traditions, and social practices.

Ethical Standard

Principles that direct behaviors by distinguishing between acceptable and unacceptable actions within a professional or organizational context.