A socket includes a body having a driving portion, a receiving portion engageable with a rotatable workpiece, a first gear portion capable of being operatively driven by rotation of the driving portion in a fastening direction and an opposite releasing direction, a second gear portion functionally cooperable to drive the receiving portion for rotating the workpiece, the second gear portion being constructed and arranged to engage with and be driven by the first gear portion. The driving engagement between the first gear portion and the second gear portion is released when a torque required to drive the second gear portion exceeds the threshold amount of torque. A biasing member applies a force of engagement between the first gear portion and the second gear portion, and an adjusting member functionally cooperable with the biasing member adjusts a magnitude of the force of engagement to adjust the threshold amount of torque.