Some of the contracts include;
Land-contracts related to land sale, mortgage and purchasing real estate must be in writing.
other contracts include,contracts to be responsible for someone else's debt,contracts last more than a year,sales of goods in excess of $500.
Answer: reactive thinking that relies heavily on situational cues, salient memories, and heuristic shortcuts to arrive quickly and confidently at judments.
Explanation: In "Thinking, Fast and Slow" by Daniel Kahneman, the author states that there are two modes of thinking System-1 which is instantaneous and is driven by instinct and System-2 which is slower and driven by logic. The definition of System-1 thinking is <u><em>reactive thinking that relies heavily on situational cues, salient memories, and heuristic shortcuts to arrive quickly and confidently at judgments</em></u>.
Summary:
1. In India, working places and stores are located near the Indian homes, while in America the houses are separate from work and grocery stores.
2. The way of living in America is expensive compared to India.
3. Education costs more in India than in America.
4. Food is cheaper in India.
5. You can have the best quality of medical care in America at a higher cost, with insurance to pay for the bills. In India medical care is cheaper, and usually paid by cash.
6. Wages in America is higher than in India.
7. Indian marriages are normally based on the social status of the families, while for Americans, it is based on their emotions.
8. Freedom is greatly enjoyed in America, while in India the government is given the top authority to restrict freedom among Indians.
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a college dropout launches an online company that earns millions in its first year.