Solve the Problem A)25055
B)250

question 56

Multiple Choice

Solve the problem.
-Using the information in the table on home sale prices in the city of Summerhill for the month of June, find the class midpoint for class 235.0-265.9. $$\begin{array} { c | c } \text {Class Limits}& \text {Frequency}\\ \text {(Sale price in thousands) }& \text {(No. of homes sold) }\\\hline 80.0 - 110.9 & 2 \\111.0 - 141.9 & 5 \\142.0 - 172.9 & 7 \\173.0 - 203.9 & 10 \\204.0 - 234.9 & 3 \\235.0 - 265.9 & 1\end{array}$$

---

Definitions:

Statute of Limitations

Legislation that determines the ultimate period following an occurrence in which legal actions can be commenced.

Voidable

A term referring to a contract or transaction that may be declared invalid by one party due to certain circumstances.

General Contract Law

The broad area of law concerning agreements between parties, including their formation, enforcement, and the remedies for breach.

UCC

The Uniform Commercial Code (UCC) is a comprehensive set of laws governing commercial transactions, including sales, leases, negotiable instruments, and secured transactions, in the United States.