Which of the Following Statements Is TRUE

question 5

Multiple Choice

Which of the following statements is TRUE?

• A)Consideration must be adequate but it does not have to be sufficient.
• B)A person can provide consideration by making a promise that will either create a benefit for itself or impose a detriment upon the other party.
• C)A party seeking to receive the benefit of a promise does not have to provide consideration if it placed its seal upon a document in which the promise is contained.
• D)Love and affection can serve as consideration if a contract is created between family members.
• E)To place a contract under seal,a person may either apply a seal or write the word "seal" on a document.

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Definitions:

Negative Results

Findings in research that indicate no significant effect or difference, contrary to the original hypothesis.

Cohen's D

A statistic used to measure the effect size or the strength of the relationship between two variables, specifically in standardized mean difference.

Effect Size

A quantitative measure of the magnitude of a phenomenon, used to indicate the size of an experimental effect.

Independent Variable

The variable that is manipulated or changed in an experiment to see if it has an effect on some other variable.