Time Zone Sells Gary an IWatch for $4,000 by Representing

question 24

Multiple Choice

Time Zone sells Gary an iWatch for $4,000 by representing it has a real gold case and watch band.Later,Gary finds that the iWatch case and band are just polished with golden color,and the watch could be bought in the local store for $100.Gary can sue Time Zone for:

• A)consequential damages.
• B)exemplary damages.
• C)nominal damages.
• D)speculative damages.

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Definitions:

Representativeness Heuristic

A cognitive shortcut that involves judging the probability of an event by how much it resembles what we consider to be a typical example of that event.

Availability Heuristic

A quick-thinking process that depends on the first examples that pop into someone's head when they are considering a particular subject, idea, approach, or choice.

Relative Comparisons

The act of evaluating something in relation to another similar item.

Availability Heuristic

A cognitive shortcut that relies on the immediate examples that come to a person’s mind when evaluating a specific topic, concept, method or decision.