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Theodore's Budget Line Has Changed from a to B

question 66

Multiple Choice

Theodore's budget line has changed from A to B. Which of the following explains the change in Theodore's budget line? Theodore's budget line has changed from A to B. Which of the following explains the change in Theodore's budget line?   A)  The price of food and the price of clothing increased. B)  The price of food increased, and the price of clothing decreased. C)  The price of food decreased, and the price of clothing increased. D)  The price of food and the price of clothing decreased. E)  none of the above


Definitions:

Non Est Factum

A legal defense claiming a signed agreement is invalid because the signer was unaware of its true nature due to a mistake or misrepresentation.

Assignee

A person to whom rights or property is legally transferred.

Non Est Factum

Non est factum is a legal defense in contract law that asserts a signed agreement is void because the signer was mistaken about its nature and character.

Negligence

A failure to act with the care that a reasonably prudent person would exercise under the same circumstances, often leading to liability for resulting damages.

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