Benford's Law

question 46

Multiple Choice

Benford's law:

• A)applies to numbers that have built-in limits.
• B)is most effectively used with assigned numbers.
• C)applies best to numbers that occur naturally.
• D)uses ratios to detect fraud.

---

Definitions:

Contract

An enforceable arrangement under law, involving multiple parties.

Infant

A legal term referring to a person who is not yet of the age of majority and therefore lacks the legal capacity to enter into contracts.

Tort

A civil wrong or breach of duty to another person, as outlined by law, which could constitute a lawsuit for damages.

Contractual Incapacity

Contractual incapacity refers to a person's legal inability to enter into a binding contract due to various reasons such as age, mental condition, or duress.