Which of the Following Is Not One of Hofstede's Five

question 103

Multiple Choice

Which of the following is not one of Hofstede's five dimensions of national culture?

• A) power distance
• B) flexibility versus rigidity
• C) individualism versus collectivism
• D) long-term versus short-term orientation
• E) uncertainty avoidance

Differentiate between the adequacy of consideration and the factors courts consider in evaluating it.

Understand the applications and limitations of the doctrine of promissory estoppel.

Distinguish between enforceable and non-enforceable promises based on the presence of consideration.

Recognize the legal implications of agreements lacking consideration, such as accord and satisfaction.

---

Definitions:

CCA Class

Categories under Canada's Capital Cost Allowance (CCA) system that determine the depreciation rate for tax purposes on assets.

Tax Bracket

A tax bracket is a range of incomes taxed at a specific rate, with tax systems often applying progressively higher rates as income increases.

Annual

Pertaining to or occurring once every year.

Selling Price

The amount of money for which an item or service is sold in the market.