Which of the Following Would Be Most Likely to Increase

question 212

Multiple Choice

Which of the following would be most likely to increase your opportunity cost of attending college?

• A) a recession in the economy that made finding a job more difficult
• B) receiving a very attractive offer to start a job today that would permit you to earn about 50 percent more than you expected to make after graduation
• C) the retirement of your favorite professor under whom you hoped to study during the next semester
• D) information indicating that salaries were declining and that there were very few openings for college graduates in your field

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Definitions:

Liquidated Damages

A predetermined amount of money that must be paid as compensation for failure to fulfill a contractual obligation.

Unconscionable

Refers to something that is extremely unfair or unjust, often to the extent that it shocks the conscience.

Consequential Damages

Indirect or secondary losses suffered as a consequence of a breach of contract, not directly related to the breach but a result of the specific circumstances of the plaintiff.

Woodworking

The craft of making objects, structures, or sculptures by shaping, cutting, and joining wood.