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The term values can be defined as: select one:
a. the tenets or convictions that people hold to be true.
b. a cultures standard for discerning whats good and just in society.

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Hagrid
From the two options, the term values are most likely close to the definition of: culture standards for discerning what's good and just in society (option B). It corresponds to a person’s behavior standards or principles of what seems important in his or her life.

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