Under What Circumstances Would a Judge Who Is Determining a Remedy

question 6

Multiple Choice

Under what circumstances would a judge who is determining a remedy to a commercial dispute consider that a contract does not exist even though all of the required elements of reaching an agreement are present?

• A) A phrase indicates the agreement is subject to formal contract.
• B) A contract lacks sufficient consideration for both parties.
• C) A contract lacks adequate consideration for both parties.
• D) A phrase indicates the agreement is subject to its exact wording.

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Definitions:

Coefficient of Determination

A statistical measure, often represented as R^2, that represents the proportion of variance for a dependent variable that's predictable from an independent variable(s).

Positive Correlation

A relationship between two variables where both variables move in the same direction, meaning as one variable increases, the other also increases.

Time Management

The process of organizing and planning the best way to divide one's time among various activities to achieve efficiency and goals.

Spearman's Rank

A non-parametric method used to measure the strength and direction of the association between two ranked variables.