Currently, the form of exchange that is most used in the United States today is the money or the dollar. <span>A </span>medium of exchange<span> is an intermediary used in </span>trade<span> to avoid the inconveniences of a pure </span>barter system. <span>When </span>money<span> is used to intermediate the </span>exchange<span> of goods and services, it is performing a function as a </span>medium of exchange<span>. Unit of Account: It is a standard numerical unit of measurement of market value of goods, services, and other transactions.</span>
They didnt give the congress and the nation enough power
Society does not apply to a group but rather to the dynamic structure of the norms, relationships and relations between them. An person exists only as an object in social relations. Society refers instead to the dynamic social network, in which any person is interlinked with his members.
There is a sense of mutual support amongst the members in every society. Everybody wants other people's support. Another important feature of society is interdependence. This interdependence is quite dependent on the life and well-being of each individual. No human is autonomous. He must rely on others for food , shelter and safety as well as for the satisfaction of many of his needs. This degree of interdependence is multiplying with the development of society.
The foundation of society is social relations. Business is a virtual communication network. Social relationships are therefore difficult to classify. However, this social relationship is based on mutual recognition or awareness called feeling, and no society can be formed without such social relations.
Co-operation is an essential component for the formation of society. Without co-operation there can be no society. People can’t maintain a happy life without co-operation. Family being the first society rests on co-operation. Co-operation avoids mutual destructiveness and results in economy in expenditure
To protect minors, the law recognizes the infancy doctrine, which gives minors the right to disaffirm most contracts they have entered into with adults.