You Leave Your 120-W Light Bulb on in Your Room

question 31

Multiple Choice

You leave your 120-W light bulb on in your room by mistake while you are at school for 8.5 hours.If the price of electrical energy is $0.085 per kilowatt-hour,how much did it cost you?

• A)$0.082
• B)$0.075
• C)$0.065
• D)$0.087
• E)$0.078

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Definitions:

Equitable Remedy

A non-monetary court order to take or refrain from taking specific actions, granted when money damages are insufficient.

Accord and Satisfaction

A legal agreement between parties to settle a dispute by agreeing on an alternative obligation other than what was originally owed.

Novation

The act of replacing an existing obligation with a new one, effectively transferring the rights and duties to a third party.

Liquidated Damages

A contractual provision that determines in advance the amount of damages to be paid if a party breaches the contract.