When the Effect of One Independent Variable Depends on the Levels

question 46

Multiple Choice

When the effect of one independent variable depends on the levels of another independent variable, this is called a(n) ______.

• A) main effect
• B) interaction effect
• C) ANOVA
• D) dependent variable

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Definitions:

Inadequate Consideration

This term implies an agreement in which the value exchanged between two parties is significantly disproportionate, questioning the fairness of the deal.

Promissory Estoppel

A legal principle that prevents a promisor from denying the promise or going back on it if the promisee has reasonably relied on the promise to their detriment.

Promisee

The individual or entity to whom a promise or commitment is made in an agreement.

Reliance

Acting based on trust in something or someone, or in contract law, actions taken based on a promise or agreement.