Jerry Purchased a State-Of-The-Art Computer for His Personal Use from Computer

question 23

Multiple Choice

Jerry purchased a state-of-the-art computer for his personal use from Computer City on an installment loan contract thinking he would make monthly payments directly to Computer City.The sales contract stated that in the event the contract is assigned to a third party,the purchaser (Jerry) promises he will not assert any claim or defense against the assignee which he might have against Computer City.Computer City immediately assigns the contract rights to Finance USA.The computer stops working within two weeks of the purchase.

• A) This is a valid waiver of defense clause.Jerry signed the contract,so he can't raise a defense to Finance USA.
• B) Finance USA is an intended third party beneficiary and may therefore enforce the contract.
• C) In general,this type of waiver is not permitted in consumer contracts,so Jerry can raise his claim against Finance USA.
• D) This is a delegation of Jerry's duties and the delegator remains liable on the contract unless a novation agreement is made.

Understand barriers to creativity and strategies to overcome them.

Comprehend the scientific method of decision-making as a systematic approach.

Understand the impact of fostering an innovative work climate on group creativity.

Recognize the importance of involvement in solution development for increased support during implementation.

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Definitions:

Squared Deviation

A statistical measure showing the dispersion of data points. It represents the square of the difference between an observed value and the mean of the dataset.

Mean

The mathematical average of a set of numbers, calculated by adding them together and dividing by the number of terms.

Median

A statistical measure representing the middle value in a set of data when arranged in numerical order, effectively dividing the dataset into two halves.

Central Tendency

Central tendency refers to a statistical measure that identifies a single value as representative of an entire distribution of data, typically through the mean, median, or mode.