Bernie Nohave Is Operating a Scheme Whereby Investors' Money Is

question 33

Multiple Choice

Bernie Nohave is operating a scheme whereby investors' money is purportedly utilized to buy AIDS drugs in Africa. The money is then deductible as a charitable donation for tax purposes. Tom invests in this scheme to generate tax losses knowing that medicine is not being purchased. Is the contract valid?

• A) No, everyone knows that Bernie is bankrupt.
• B) No, this transaction is ultra vires Bernie Nohave's corporation.
• C) No, there is no consideration.
• D) No, there is no capacity.
• E) No, the subject matter of the contract is illegal.

Describe the main areas of interest for cognitive psychologists.

Explain the study of human personality by personality psychologists.

Understand the application of psychological principles in educational settings.

Associate clinical psychology with the study and treatment of psychological disorders.

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Definitions:

Randomness

The lack of pattern, predictability, or determinable cause in events, often discussed in the context of probability theory, statistics, and various scientific research.

Sample Size

The number of individuals or observations included in a sample, which is used to estimate or test hypotheses about the larger population.

Sample Size

The number of observations or data points collected in a study or experiment.

Neutral

Not supporting or helping either side in a conflict, dispute, or war; impartial.