Ann and Burt Are Partners in Delta Associates

question 49

Multiple Choice

Ann and Burt are partners in Delta Associates. Burt takes advantage of a partnership opportunity for personal gain that causes Delta's business to suffer. A court orders Burt to hold the profits in trust for the partnership. This is

• A)a constructive trust.
• B)an living trust.
• C)a resulting trust.
• D)a testamentary trust.

Understand the environmental impacts of industrial and technological activities.

Identify the role of significant scientific discoveries and inventions in shaping modern society.

Acknowledge the tension between technological progress and environmental sustainability.

Recognize the influence of corporations and governments on technological development.

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Definitions:

Confidence

The feeling or belief that one can rely on someone or something; firm trust.

Functional Fixedness

A cognitive bias that limits a person's ability to use an object only in the way it is traditionally used.

Confirmation Bias

The habit of looking for, interpreting, prioritizing, and recalling data in a way that reinforces one's already held convictions or assumptions.

Gamble

The act of risking something of value on the outcome of an event in the hope of gaining something of greater value.