A Specialist That Is Trained to Know the Contents of Many

question 11

Multiple Choice

A specialist that is trained to know the contents of many of the key information sources in a library and on the Web, as well as how to search those sources most effectively is known as a:

• A) Search librarian
• B) Research librarian
• C) Reference librarian
• D) Resource librarian
• E) Consulting librarian

Grasp the principles of foreseeability and mitigation of damages in contract law.

Understand the doctrine of election of remedies and its implications in choosing among available legal options.

Recognize the impact of fraudulent, negligent, or innocent misrepresentation on contractual agreements and the associated remedies.

Understand how the power of avoidance in a contract can be lost and the legal effects.

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Definitions:

Compensating Wage Differences

Differences in the wages received by workers in different jobs to compensate for the nonmonetary differences between the jobs.

Monopoly Theory

The economic theory that examines the consequences and efficiency of a single seller (a monopoly) controlling the entire market for a particular good or service.

Profit-Maximizing

The process of adjusting production and pricing to achieve the highest possible profit from business operations.

MRP Capital

The marginal revenue product of capital, which is the additional revenue generated by one more unit of capital.