Which of the Following Statements About Minors' Contracts Is TRUE

question 20

Multiple Choice

Which of the following statements about minors' contracts is TRUE?

• A)Food is always a necessity (necessary).
• B)If a minor buys a necessity (necessary)and overpays, there is nothing the minor can do about it.
• C)If a student is a minor when taking out a student loan, she won't have to pay it back, but her parents might.
• D)If a minor signs a contract for a cell phone, the courts will not let the minor out of the agreement.
• E)None of the above

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Definitions:

Correlation Coefficient

A statistic that indicates the strength and direction of a relationship between two variables.

Chance Fluctuation

Random variations in data or processes that are not due to any specific cause, often considered in statistical analyses.

File Drawer Problem

The bias introduced into scientific literature when studies with positive results are more likely to be published than studies with negative or non-significant findings.

Replication

refers to the process of conducting a study or experiment again with the aim of verifying the results obtained in a previous research.