Mimi Rarely Takes Chances Because She Hates the Idea of Losing

question 29

Multiple Choice

Mimi rarely takes chances because she hates the idea of losing. It sounds as though Mimi is:

• A) impaired when making life judgments or decisions
• B) being influenced by framing
• C) being risk-averse
• D) being risk-seeking

---

Definitions:

Agency Agreement

A contract where one party (the agent) agrees to act on behalf of another (the principal) in business transactions.

Operation Of Law

An operation of law is a legal change that occurs automatically due to existing legal rules, rather than actions taken by the parties themselves.

Employee Status

A classification that determines if an individual is employed by a company, affecting their entitlement to employee benefits and protections under labor laws.

Independent Contractors

Individuals or entities that provide services to another entity under terms specified in a contract, not classified as employees by the hiring company.