Normative Influence Is Sometimes Referred to as _____ Influence

question 28

Multiple Choice

Normative influence is sometimes referred to as _____ influence.

• A) utilitarian
• B) coercive
• C) functional
• D) value-expressive
• E) conformist

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Definitions:

Without Recourse

A term indicating that the seller of an asset is not liable to the buyer for any defects or non-performance.

Indorses

A party who transfers their rights in a negotiable instrument to another party by signing the back of the instrument.

Honor the Check

When a bank accepts and processes a check for payment from the account of the payer, ensuring the transfer of the stated amount to the payee.

Warranty Liability

Legal obligation arising from warranty promises that ensure a product or service meets certain standards and conditions.