The Color of a Pair of Socks Is an Example

question 65

Multiple Choice

The color of a pair of socks is an example of a(n) __________ quality.

• A) credence
• B) experience
• C) search
• D) product

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Definitions:

Statute of Frauds

A legal concept that requires certain types of contracts to be executed in writing and signed by the party to be charged, to prevent fraud and perjuries.

Breach of Contract

A violation of any of the agreed-upon terms and conditions of a binding contract.

Antiassignment Clause

A contractual provision that prohibits the transfer of rights or delegation of duties under the contract to another party without prior consent.

Breach of Contract

The failure to perform any term of a contract, written or oral, without a legitimate legal excuse, leading to legal actions for remedies.