Philip Promises to Tutor Erin for $25 an Hour

question 51

Multiple Choice

Philip promises to tutor Erin for $25 an hour. Philip has tutored Erin but she has not paid. This contract is ________.

• A) executory
• B) void
• C) voidable
• D) unenforceable
• E) executed

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Definitions:

Horizontal Axis

In a graph or chart, the horizontal line along which the values of one variable are plotted or measured.

Vertical Axis

In graphing data, this is the y-axis, which is typically used to measure the dependent variable or show the scale of values in a chart.

Utility Function

A mathematical representation of how consumer preferences over a set of goods and services are ranked.

Horizontal Axis

In a graphical representation, the x-axis, which typically shows the independent variable or the quantity of goods.