Schloo Offered to Purchase Baker's Snowmobile If He Could Arrange

question 76

True/False

Schloo offered to purchase Baker's snowmobile if he could arrange a loan with the bank for the funds.Schloo and Baker signed a written purchase agreement that did not mention the fact that Schloo did not have the necessary funds in his possession.
-If the bank refused to lend Schloo the money,the contract would be enforceable against Jones.

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Definitions:

Manifest Function

The explicit, intended goals or consequences of social processes or institutions.

Latent Function

refers to the unintended or unrecognized positive consequences of a social process or structure.

Primary Function

The main or most important purpose or operation of an object, system, or organization.

Dysfunction

An element or process of a society that may disrupt the social system or reduce its stability.