A Change in Technology Often Induces Social, Political, and Economic

question 65

True/False

A change in technology often induces social, political, and economic system changes long before a critical mass of users is reached.

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Definitions:

Statute of Frauds

A legal principle that requires certain types of contracts and agreements to be written and signed to be considered enforceable.

Interest in Land

Legal rights or investments in real property, including ownership or usage rights.

Main-Purpose Rule

A legal principle that if the main purpose of a guarantor to sign a surety agreement is to secure a personal benefit, the agreement does not have to be in writing to be enforceable.

Secondary Obligation

An obligation that arises indirectly or as a result of another primary obligation, often in legal or financial contexts.