A,at the Request of B,enters into a Contract to Buy

question 38

Multiple Choice

A,at the request of B,enters into a contract to buy a horse from B for a certain price.Just after entering into the contract,B tells A that the horse is sound and healthy.Later A discovers that,in fact,the horse is in ill health.In this situation,B's statement to A that the horse was sound and healthy

• A)is partly fresh and past consideration so as to not make B's promise binding.
• B)is partly fresh and partly past consideration so as to make B's promise binding.
• C)is past consideration so as to not make B's promise binding.
• D)is fresh consideration so as to make B's promise binding.
• E)all of the above

Distinguish between positive and negative instances in the context of generalizations.

Learn the difference between inductive generalization and deductive reasoning.

Grasp the significance of representative samples for accurate generalizations.

Understand the non-guaranteeing supportive nature of premises in inductive arguments.

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Definitions:

Biases

Biases are systematic errors in judgment or decision-making that stem from cognitive limitations, personal preferences, or social influences.

Cooperative Advertising

A marketing partnership between a manufacturer and a retailer wherein the costs of advertising are shared, often for the purpose of mutually beneficial promotion.

Retailer's Advertising

Marketing efforts carried out by retailers to promote their products, services, and brand to potential customers.

Local Advertising

Promotion and marketing efforts targeted at the audience within a specific geographic location.