A Tax Watchdog Group Is an Example of an Intermediary

question 8

True/False

A tax watchdog group is an example of an intermediary that represents citizen interests.

Appreciate the significance of group cohesiveness and membership exclusivity on group influence.

Recognize the impact of societal norms and informal rules on group behavior.

Understand the influence of mere exposure and proximity on individual preferences and group dynamics.

Understand the concept and implications of different power bases in social and consumer behavior.

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Definitions:

Quasi Contract

A legal concept where a court enforces an obligation between two parties who have not agreed to an actual contract, to prevent one party from being unjustly enriched.

Oral Contracts

Agreements between parties that are made verbally and not memorialized in writing, yet are still legally binding in many cases.

Reformation

A court-ordered correction of a written contract so that it reflects the true intentions of the parties.

Erroneous Legal Description

A mistake or inaccuracy in the written account of the boundaries or details of a property in legal documents.