When Asked Why She Decided to Attend the University of Illinois

question 98

Multiple Choice

When asked why she decided to attend the University of Illinois over all the other Big Ten schools, Dornita said that the school's proximity to home was a major reason. The importance Dornita places on proximity is called

• A)weighted value.
• B)expected value.
• C)objective value.
• D)utility.

---

Definitions:

UCC

The Uniform Commercial Code, a comprehensive set of laws governing all commercial transactions in the United States.

Goods

Objects or materials that are produced for sale or exchange in the market, generally physical and tangible in nature.

Duress

A situation where a person performs an act as a result of violence, threat, or other pressure against them.

Rescission

The revocation, cancellation, or repeal of a contract, returning the parties involved to their positions before the contract was made.