Which of the Following Statements Is Not Correct in Relation

question 8

Multiple Choice

Which of the following statements is not correct in relation to s 76 of the National Credit Code which allows a court to reopen a contract because it is unjust?

• A)The court may take into account whether the borrower received independent advice.
• B)The court may take into account the relative bargaining powers of the borrower and the lender.
• C)The court may order that the contract is void and the borrower has no more obligations to the borrower.
• D)An application to reopen a contract must be made within 12 months from when the contract ended.

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Definitions:

Quasi-Experiment

An empirical study used to estimate the causal impact of an intervention, lacking the full random assignment of participants to conditions or orders.

Debriefed

The process of providing a detailed explanation or information to participants after an experiment or significant event has concluded.

Confounding

Occurs when the effects of two variables cannot be separated.

Tuskegee Study

A deceitful and unethical study conducted by the U.S. Public Health Service from 1932 to 1972, which aimed to observe the natural progression of untreated syphilis in African American men in Alabama.