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The term mutual exchange describes the ability of two (or more) tenants in the public housing sector to move house by swapping their homes. Mutual exchange is possible in some countries, such as the UK and Sweden. [1] [2] Other terms used for this are "home swap" or "homeswap".
Reciprocity is defined as the mutual exchange of goods or services as part of long-term relationships. Redistribution implies the existence of a strong political centre such as kinship -based leadership , which receives and then redistributes subsistence goods according to culturally specific principles.
An example of this is renting of apartment. The landlord and tenant come together to discuss the terms of the exchange (most of the time, the leasing is outlined in a contract). Thus, they have fulfilled the first requirement of consideration. To meet the second element, there must be a mutual exchange.
This was less true when Hobbes wrote Leviathan; at that time more importance was attached to consideration, meaning a mutual exchange of benefits necessary to the formation of a valid contract, and most contracts had implicit terms that arose from the nature of the contractual relationship rather than from the choices made by the parties ...
This construct is reinforced in society by fostering an expectation of mutual exchange. While the norm is not an innate quality in human beings, it is learned and cemented through repeated social interaction. Reciprocity may appear to contradict the predicted principles of self-interest.
The terms of the Treaty are summarized as follows: Article I: Section 1 declared mutual peace and friendship between China and the U.S. Section 2 provided for the mutual exchange and recognition of diplomats with reciprocal rights, privileges, exemptions, and immunities generally recognized under international law.
The exchange plays an important role because they provide the record-keeping, brokering expertise and monthly statements to each member. Commercial exchanges make money by charging a commission on each transaction either all on the buy side, all on the sell side, or a combination of both. Transaction fees typically run between 8 and 15%.
In this exchange, Internet users start their relationships with relatively high control and gradually trade that for physical closeness as their comfort levels and knowledge of the other person increases. This seems to be the Internet version of social penetration theory, where individuals have a mutual exchange of self-disclosures. As the ...