Which of the Following Best Explains How Social Hierarchies Arise

question 25

Multiple Choice

Which of the following best explains how social hierarchies arise?

• A)They arise when a group is able to use its assets to claim advantage over others.
• B)They emerge when norms and rules are institutionalized.
• C)They are determined by our religious ideology.
• D)They are based on our skills and abilities.

Understand the general principles related to the assignment of contracts.

Recognize the rights and enforceability of third-party beneficiaries in a contract.

Comprehend the concept of privity of contract and its implications on contractual rights.

Distinguish between donee, creditor, and incidental beneficiaries in the context of contract law.

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Definitions:

Consumerism

A grassroots movement started in the 1960s to increase the influence, power, and rights of consumers in dealing with institutions.

Ecological Code of Ethics

A set of moral principles and guidelines governing behavior towards the environment, aiming to reduce human impact and promote sustainability.

Triple Bottom Line

An accounting framework that incorporates three dimensions of performance: social, environmental, and financial, to measure a company's sustainability and ethical impact.

Social Responsibility

The obligation of a company to act in ways that benefit society at large, beyond its own interests and legal requirements.