A Town Has a Population of 2000 People and Is

question 54

Multiple Choice

A town has a population of 2000 people and is increasing by 9% every year. What will the population be at the end of 8 years?

• A) 4344 people
• B) 3440 people
• C) 3985 people
• D) 3656 people

Assess the role of adequacy of consideration in contract enforcement and exceptions related to fraud.

Explain the preexisting duty rule and its exceptions, including additional work and unforeseen circumstances.

Identify the characteristics and enforceability of illusory promises in contracts.

Understand how past consideration impacts the enforceability of promises.

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Definitions:

Gardner

Refers to Howard Gardner, an American developmental psychologist best known for his theory of multiple intelligences.

Innate

Possessed from birth; inborn or inherent qualities or abilities.

"G" Factor

The "G" factor, or general intelligence, refers to the concept of a single, overarching measure of intelligence that is thought to underlie specific cognitive abilities.

Cognitive Development

The process of growth and change in intellectual capabilities, understanding, reasoning, and problem-solving abilities throughout the life span.