Under What Circumstances Would a Court Apply the Objective Standard

question 5

Multiple Choice

Under what circumstances would a court apply the objective standard test?

• A) when deciding the amount of damages to award the winning party
• B) if there is inequality of bargaining power between the parties
• C) where it is unclear whether the parties intended to form a contract
• D) if the enforcement of the contract might cause harm to a third party

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Definitions:

Observers

Individuals who watch or take notice of events or behaviors, often for the purpose of recording information or making judgments.

Fundamental Attribution Error

The tendency to attribute others' actions to their character or personality while underestimating situational influences.

Defensive Attribution

A cognitive bias that leads individuals to attribute more blame to victims of misfortune than is warranted, often to believe that such events would not happen to themselves.

Illusory Correlation

The perception of a relationship between two variables when no such relationship exists, often a result of cognitive biases.