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Which of the Following Occurs When One of the Parties

question 49

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Which of the following occurs when one of the parties to a contract has so much more bargaining power than the other that he or she dictates the terms of the agreement?


Definitions:

David Riesman

A sociologist known for his work on the Sociology of knowledge, personality, and his book "The Lonely Crowd," which analyzes American character.

Conformists

Individuals or groups who adhere to accepted standards, norms, or practices of a society or organization, often to fit in or gain approval.

Moral Commitment

An ethical obligation or dedication to carry out actions that are considered right or beneficial to society.

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