Intoxicated and Not Aware of the Consequences,Umberto Agrees to a Two-Year

question 21

Multiple Choice

Intoxicated and not aware of the consequences,Umberto agrees to a two-year cell-phone service contract with Wander Talk,Inc.,at more than the average market price. This contract is

• A)enforceable.
• B)notenforceable because contracting parties can change their minds.
• C)notenforceable because the contract clearly favors Wander Talk.
• D)notenforceable because Umberto was intoxicated enough to lack mental capacity when he agreed to it.

Recognize the risks involved in IPOs and stock price manipulation.

Understand the flow of savings to investments in a modern economy.

Identify the characteristics and functionality of money market securities.

Understand and apply the formula for compound interest to solve for an unknown interest rate.

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Definitions:

Business Deal

An agreement or arrangement between two or more parties to achieve specific commercial objectives.

Human Faces

The front part of the human head that features key sensory organs and is crucial for identity recognition and emotional expression.

Attractive

Possessing features, qualities, or characteristics that evoke interest, desire, or pleasure in others.

Medical Researcher

refers to a professional engaged in conducting studies aimed at improving knowledge of diseases, developing medical treatments, or furthering health sciences.