Albert Found a Stone in His Yard and Took It

question 76

Multiple Choice

Albert found a stone in his yard and took it to Bob, a jeweler, for evaluation.Bob wasn't sure as to the nature of the stone, but told Albert he thought it was a topaz.Bob then offered to buy the stone for $25 and Albert agreed.Later Albert found out the stone was an uncut diamond worth about $700.This:

• A)is a valid contract that should be enforced by the law, because neither party knew the exact nature of the stone at the time of the sale.
• B)contract can be voided based upon fraud in the execution.
• C)contract can be voided based upon fraudulent misrepresentation.
• D)contract can be voided based upon mistake as to the identity of the subject matter.

Grasp the concept of loss aversion and related cognitive biases.

Understand the role of legislation in addressing environmental issues.

Recognize sustainable building and urban development practices.

Identify the causes and implications of deforestation.

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Definitions:

EOM

An acronym for End of Message, often used in emails and messaging to indicate that there is no additional content to read beyond the subject line or in the body of the communication.

Electronic Messages

Electronic messages refer to digital forms of communication sent over electronic devices such as computers, smartphones, and tablets, including emails, instant messages, and texts.

Audience Awareness

The understanding of who the intended audience is, their interests, and how to communicate with them effectively.

Hard Copy

A physical version of a document, as opposed to a digital version.