According to Nan Lin, Which of the Following Types of Capital

question 43

Multiple Choice

According to Nan Lin, which of the following types of capital adds value through information, influence, and personal reinforcement?

• A)social capital
• B)human capital
• C)structural capital
• D)process capital

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Definitions:

Unilateral Contract

A contract in which one party promises to perform a specific action in return for a performance, not a promise, by the other party.

Consideration

Consideration in contract law refers to something of value exchanged between parties as part of an agreement.

Illusory Promise

A statement that appears to be a promise but does not actually bind the party to any obligation, making it unenforceable as a contract.

Liquidated Debt

A debt or claim whose precise monetary value has been determined, acknowledged, or agreed upon by all involved parties.