Suppose a Three-Year-Old Child Sees Someone Walking with a Cane

question 65

Multiple Choice

Suppose a three-year-old child sees someone walking with a cane and moving slowly and says,"Why is he so old,Dad?" This statement is made on the basis of what age category?

• A) chronological
• B) subjective
• C) conspicuous
• D) functional

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Definitions:

Accord and Satisfaction

A legal agreement between parties to settle a dispute by agreeing on an alternative obligation other than what was originally owed.

Novation

The act of replacing an existing obligation with a new one, effectively transferring the rights and duties to a third party.

Liquidated Damages

A contractual provision that determines in advance the amount of damages to be paid if a party breaches the contract.

Breaching Party

The party in a contract who fails to fulfill their contractual obligations, thereby violating the agreement.