The Number of Rainy Days in the Year and Annual

question 37

Multiple Choice

The number of rainy days in the year and annual sales of suntan lotion are probably

• A) positively correlated.
• B) negatively correlated.
• C) uncorrelated.
• D) quasi-correlated.

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Definitions:

Quasi-Contract

A legal concept where the courts impose contractual obligations on parties not in an actual contract to prevent unjust enrichment.

Law Of Equity

A system of law that supplements the statutory and common laws, aiming to achieve fairness and justice in cases where strict application of the law might result in an inequitable outcome.

Real Estate Agent

A certified individual who acts on behalf of sellers or buyers in property sales.

Agency By Necessity

A situation where an agent is granted emergency powers to act on behalf of another without their consent, due to unforeseen circumstances.