Select the Word or Phrase That Best Matches the Definition

question 12

Multiple Choice

Select the word or phrase that best matches the definition or example.
-Turkic warrior (1336-1405) ,also known as Tamerlane,whose efforts to restore the Mongol Empire devastated much of Persia,Russia,and India.

• A)Paleolithic persistence
• B)Igbo
• C)Iroquois
• D)Timur
• E)Fulbe
• F)Ming dynasty China
• G)Zheng He
• H)European Renaissance
• I)Ottoman Empire
• J)seizure of Constantinople in 1453
• K)Safavid Empire
• L)Songhay Empire
• M)Timbuktu
• N)Mughal Empire
• O)Malacca
• P)Aztec Empire
• Q)Inca Empire

Grasp the concept of disaffirmance, including the conditions under which a contract can be disaffirmed.

Identify the legal effects of ratification and how it impacts contracts entered into by minors.

Understand the protections and limitations associated with contracts involving necessaries.

Differentiate between void, voidable, and enforceable contracts based on mental capacity and intoxication.

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Definitions:

Price Elasticity

A measure of the sensitivity of quantity demanded or supplied to changes in price.

Substitutes

Pairs of goods for which a rise in the price of one of the goods leads to an increase in the demand for the other good.

Related Diversification

Is used when a corporation believes it can achieve synergy among the various businesses that it owns.

Unrelated Diversification

Unrelated diversification is a corporate strategy involving a firm expanding into business activities that are different from its current operations or markets, aiming to reduce risk through diversification.