An Offeree Can Form a Contract by Simply Making a Promise

question 153

Multiple Choice

An offeree can form a contract by simply making a promise if the offer to form a contract is:

• A) bilateral.
• B) unilateral.
• C) trilateral.
• D) quadrilateral.
• E) multilateral.

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Definitions:

Interaction Effect

effect of one independent variable on the dependent variable at the different levels of another independent variable.

Main Effect

Effect of an independent variable on the dependent variable within a factorial research design.

Simple Effect

Effect of one independent variable at one of the levels of another independent variable.

Independent Variable

The factor in a study that the experimenter alters to see how it impacts the outcome variable.