A Computer Salesman Innocently Misrepresented a Fact About a StarSystem

question 103

Multiple Choice

A computer salesman innocently misrepresented a fact about a StarSystem computer to a customer. Although this fact was not about a term of the contract, it did induce the customer to buy the computer. The customer has now learned the true facts and wants to return the computer. If the store refuses to take it back, the customer would ask the court for which equitable remedy?

• A) Damages
• B) Rescission
• C) Rectification
• D) Restitution
• E) Injunction

Recognize the major subfields and approaches within personality psychology.

Identify the purposes and limitations of basic approaches to personality.

Distinguish between the psychoanalytic, trait, cognitive, behavioral, and phenomenological approaches to personality.

Understand the significance of the psychological triad in personality psychology.

---

Definitions:

Cost Basis

The original value or purchase price of an asset or investment for tax purposes, adjusted for stock splits, dividends, and return of capital distributions.

Transportation Costs

Expenses associated with the movement of goods or people from one place to another.

Special Acquisition Fees

Charges associated with acquiring new assets, businesses, or securities, often including legal fees, consulting fees, administrative costs, and other miscellaneous expenses.

Cost Basis

The initial cost of an asset used for calculating taxes, typically the amount paid to buy it, modified for any changes due to stock splits, dividends, and distributions of returned capital.