Which of the Following Is True Regarding the Effect of Death

question 2

Multiple Choice

Which of the following is true regarding the effect of death and incapacity on an offer?

• A) Death or incapacitation of either party terminates an offer.
• B) Death of either party terminates an offer, and incapacity on the part of the offeror terminates an offer, but incapacity on the part of an offeree does not terminate an offer.
• C) Death of either party terminates an offer, and incapacity on the part of an offeree terminates an offer, but incapacity on the part of the offeror does not terminate an offer.
• D) Neither death nor incapacity on either the part of the offeror or offeree terminates an offer.

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Definitions:

Coefficient of Determination

A statistical measure that expresses the proportion of variance in the dependent variable that can be predicted from the independent variable(s).

Standard Error

A measure of the dispersion or variance of sample means around the population mean.

Regression Line

A regression line is a straight line that best fits the data points in a scatter plot, showing the relationship between an independent and a dependent variable.

Variation

The degree to which data points in a statistical distribution or dataset differ from each other and from the mean.