In Industrial Societies, Traditional Style Gives Way to Changing Fashion

question 23

True/False

In industrial societies, traditional style gives way to changing fashion.

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Definitions:

Executory

Not yet executed; not yet fully performed, completed, fulfilled, or carried out; to be performed wholly or in part.

Express Contract

A contract in which terms are explicitly stated and agreed upon by the parties, either orally or in writing.

Mutual Agreement

A common understanding or an arrangement that is accepted by all parties to a transaction or contract.

Mixed Goods-Services

Mixed goods-services refer to transactions that involve a combination of tangible products and intangible services in a single offering to consumers.