Genovese Contracting,Inc

question 50

Multiple Choice

Genovese Contracting,Inc.,agrees to build a warehouse for Hawthorne Distributors.Genovese runs into the types of difficulties that contrac-tors ordinarily confront,and Hawthorne agrees to pay extra compensation to over-come them. Regarding the agreement to pay more,a court would likely

• A)enforce it.
• B)rescind it.
• C)order the parties to renegotiate it.
• D)not enforce it.

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Definitions:

Social Hierarchy

A ranking system within societies or groups where individuals or groups are classified on the basis of esteem and prestige acquired mainly through economic success and accumulation of wealth.

Social Norms

Expected standards of conduct, which influence behavior.

Social Loafing

The tendency of individuals to put forth less effort when working in a group compared to when working alone.

Deindividuation

A psychological state characterized by diminished self-consciousness and decreased sense of personal responsibility, often occurring in group settings.