Suppose That $B _ { 1 }$ And $B _ { 2 }$

question 156

Multiple Choice

Suppose that $B _ { 1 }$ and $B _ { 2 }$ are mutually exclusive and complementary events, such that $P \left( B _ { 1 } \right) = .6$ and $P \left( B _ { 2 } \right) = .4$ . Consider another event $A$ such that $P \left( A \mid B _ { 1 } \right) = .2$ and $P \left( A \mid B _ { 2 } \right) = .5$ . Find $P ( A )$ .

• A) .88
• B) .70
• C) .32
• D) .38

Recognize the enforceability and exceptions of various forms of contracts and promises, including gratuitous promises and charitable donations.

Discern the legal significance of the quantum meruit principle in contract breaches.

Grasp the distinction between void and voidable contracts.

Understand the implications of standard form contracts and consumer protection in contractual agreements.

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