The Major Difference Between a Contest and a Sweepstakes Is

question 47

Multiple Choice

The major difference between a contest and a sweepstakes is that ________.

• A) contests are aimed at repeat purchases
• B) contests are tied to patronage
• C) contests require skill while sweepstakes are based on chance
• D) sweepstakes may not be legal in some areas

Recognize the concept of normative social pressures and their influence on behavior.

Understand the psychological mechanisms behind why individuals may fail to help in emergency situations.

Understand the ethical considerations in psychological research through the critique of studies like Milgram's.

Recognize the factors influencing the decision-making process in offering help.

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Definitions:

Deferred Annuity

A type of annuity contract that delays payments of income, installments, or a lump sum until the investor elects to receive them.

Ordinary Annuity

Consistent payouts distributed at the conclusion of each cycle over an established length.

Deferred Annuity

An insurance product that provides future payments to the holder, starting at a designated date rather than immediately.

Ordinary Annuity

Identical sums disbursed following each period within an allotted timeframe.